Rising debt levels at odds with Africa's growth narrative: S&P

Africa is often talked about as a region on the rise, but that narrative is complicated by a trend towards fast rising sovereign debt and deficits, according to ratings agency Standard & Poor’s (S&P).

Commercial borrowing has risen 51 percent in the past year among the 18 sovereigns in the sub-Saharan region S&P has rated.

Read more: Rising debt at odds with Africa’s growth narrative, says S&P – News – This is Africa.