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African peoples are drowning in debt. The suspension of aid to many countries in the continent can worsen the crisis.
Africa is a rich continent with natural resources with a young population. African peoples in theory have the potential to change their economies. But many are facing the mountains of debt.
Africa’s foreign debt is more than $ 650 billion last year.
More than half of African countries have difficulty in debt or teeting outside. However, the reconstruction of loans is a painless slow and many government spends more to spend more than health or education.
The debt problem has fell into the economic crisis with the growing unemployment and poverty of many nations.
