Zambia has agreed to a $1.3 billion loan with the International Monetary Fund that is intended to bolster the debt-laden country’s macroeconomic stability. But the agreement’s conditions are evoking fears in Zambia and elsewhere across Africa of the debt crises of the 1980s and 1990s, and are likely to be unpopular with Zambians.
Africa
The Tokyo International Conference on African Development was held last weekend in Tunis, amid major transformations in international politics since the last conference in 2019. Japan’s efforts to expand its influence in Africa are regarded by many Africans and other observers as a model of international cooperation to be emulated.
Historical comparisons with contemporary events are always risky, particularly with regard to warfare. But two historical patterns in the use of mercenaries in Europe can provide insights into the role that private military contractors like the Wagner Group play within the Russian political system, and how that might evolve over time.