To wean themselves from debt, African nations should truly unite

A united Africa will have greater bargaining power in international trade negotiations, enabling it to secure better deals and protect its interests. [iStockphoto]

Africa is a continent with immense potential for economic growth, but its progress has been hampered by a staggering foreign debt burden.

As of 2021, the external debt of sub-Saharan Africa was around Sh94.2 trillion, which poses a significant threat to the economic development of the region. Many countries have sought bailout packages from international financial institutions such as the International Monetary Fund (IMF) to relieve themselves of debt.