Africa Debt Relief Update With Bloomberg's Alonso Soto

Seven months in to the worsening African debt crisis and still there's no prospect for any meaningful relief in sight. The situation grows even more dire by the day as more countries struggle to pay for rising healthcare costs brought on by the COVID019 outbreak while at the same continue to service their loans. All of the continent's major creditors including China, G20 countries, bondholders, the Paris Club and multilateral lenders like the World Bank and International Monetary Fund all have programs intended to help resolve the situation but none, so far, have done very much to ease the crisis. Alonso Soto is covering the African debt story for Bloomberg News where he's an Abuja-based correspondent. Alonso joins Eric & Cobus to provide an update on the debt relief situation and insights from his conversations with dozens of sources on what to expect through the end of the year. JOIN THE DISCUSSION: Facebook: www.facebook.com/ChinaAfricaProject Twitter: @eolander | @stadenesque | @alonsosotoj SUPPORT THIS PODCAST. BECOME A SUBSCRIBER TO THE CHINA AFRICA PROJECT. Your subscription supports independent journalism. Subscribers get the following: 1. A daily email newsletter of the top China-Africa news. 2. Access to the China-Africa Experts Network 3. Unlimited access to the CAP's exclusive analysis content on chinaafricaproject.com Subscribe today and get two-weeks free: www.chinaafricaproject.com/subscribe