With its economy in trouble from a high public debt burden as well as the COVID-19 pandemic, Zambia’s government recently suspended interest payments on some sovereign bonds. The country is already in arrears on some of its debt—including $183 million in official bilateral loans from other countries and $256 million from commercial banks—and has asked for a six-month suspension on interest payments from the holders of its $3 billion in Eurobonds, which are denominated in foreign currencies. These bondholders are due to make a final decision on Zambia’s request in mid-November, but a substantial portion of them have so far [...]
On Oct. 20, Nigerian security forces opened fire on two groups of unarmed demonstrators in the sprawling metropolis of Lagos, reportedly killing at least a dozen people. The victims had been part of a weeks-long civic uprising to demand more accountability from law enforcement and an end to rampant police brutality in Nigeria. In the wake of last week’s shootings, the direction and future of the protest movement remain unclear. Several states, including Lagos, have implemented curfews due to increased violence and pockets of unrest, much of it targeting the peaceful protesters. In the aftermath of last week’s shootings, several [...]
In Agbogbloshie, a commercial district in Accra, Ghana, around 10,000 of the poorest people in the country sort through much of the world’s electronic waste. With no other way of making a living, they use crude methods to dismantle electronic devices—burning them or dousing them in acid—which expose them to toxic emissions and substances that often lead to acute and long-term health problems. In 2014, Agbogbloshie was deemed one of the 10 most polluted places on Earth, with lead, mercury, arsenic and cadmium found in the air, water and soil at concentrations 100 times higher than safe levels. Agbogbloshie has [...]
