Sub-Saharan Africa is the region most affected by the debt crisis outlined above, along with South Asia. It is the region of the world most affected by the mechanisms described above. Faced with an influx of capital seeking higher interest rates than in the North, many private creditors from the North (banks, investment funds, insurance companies, etc.) decided to lend to the South for better returns, leading several countries in the region to borrow for the first time in the financial markets […]