Who Holds Africa's Debt?

Jubilee Debt Campaign, a UK-based charity focused on the connections between poverty and debt, published in October 2018 a study titled "Africa's Growing Debt Crisis: Who Is the Debt Owed To?"

This is an excellent overview of African debt. It looks at 48 of Africa's 54 countries and includes brief case studies on 16 of them. The Jubilee Debt Campaign concludes that about 20 percent of African government external debt is owned to China and 17 percent of African government external interest payments are made to China. By contrast, 32 percent of African government external debt is owed to private lenders, 10 percent to Paris Club members, and 35 percent to multilateral institutions such as the World Bank, IMF, and African Development Bank.