{"id":258301,"date":"2023-04-25T13:33:43","date_gmt":"2023-04-25T11:33:43","guid":{"rendered":"https:\/\/www.africa-newsroom.com\/press\/pangearisk-publishes-white-paper-on-the-politics-of-african-debt-restructuring?lang=en"},"modified":"2023-04-25T13:33:43","modified_gmt":"2023-04-25T11:33:43","slug":"pangea-risk-publishes-white-paper-on-the-politics-of-african-debt-restructuring","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/pangea-risk-publishes-white-paper-on-the-politics-of-african-debt-restructuring\/","title":{"rendered":"Pangea-Risk publishes white paper on \u201cThe Politics of African Debt Restructuring\u201d"},"content":{"rendered":"<div class=\"image_wrap\"><img decoding=\"async\" src=\"https:\/\/www.africa-newsroom.com\/files\/thumb\/3275d7d8c03325e\/600\/418\" alt=\"PANGEA-RISK\" \/><\/div>\n<p><\/p>\n<div class=\"video_wrap\"><span class=\"embed-youtube\" style=\"text-align:center; display: block;\"><iframe loading=\"lazy\" class=\"youtube-player\" width=\"854\" height=\"480\" src=\"https:\/\/www.youtube.com\/embed\/f52X_V0R-ck?version=3&#038;rel=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;fs=1&#038;hl=en-US&#038;autohide=2&#038;wmode=transparent\" allowfullscreen=\"true\" style=\"border:0;\" sandbox=\"allow-scripts allow-same-origin allow-popups allow-presentation allow-popups-to-escape-sandbox\"><\/iframe><\/span><\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.africa-newsroom.com\/africarc\/loganalytics?press_id=252241&amp;press_source=PANGEA-RISK\" width=\"1\" height=\"1\" \/><\/p>\n<p>PANGEA-RISK (<a href=\"https:\/\/www.pangea-risk.com\/\">www.PANGEA-RISK.com<\/a>)&nbsp;jointly published a white paper on THE POLITICS OF AFRICAN DEBT RESTRUCTURING, with Acre Impact Capital, on the need to prepare Africa&rsquo;s distressed sovereigns for a new wave of sustainability capital.<\/p>\n<\/p>\n<p><em>Download the document here:&nbsp;<a href=\"https:\/\/apo-opa.info\/3oL0I9h\">https:\/\/apo-opa.info\/3oL0I9h<\/a><\/em><\/p>\n<p>The report finds that by 2024, many of <strong>Africa&rsquo;s debt-distressed sovereigns<\/strong> will have successfully restructured their most unaffordable loans, whether domestic or external obligations, placing these countries in much better stead to <strong>attract private investment<\/strong>, in particular from sustainability-focused and impact investors to address the USD 100 billion <strong>annual infrastructure financing gap<\/strong>.<\/p>\n<p>This forecast differs from the <strong>often-prohibitive credit ratings<\/strong> imposed on many distressed sovereigns, which restricts climate financing activities and other development funding in these countries.<\/p>\n<p>Debt transparency, sound fiscal and monetary governance, and candid bilateral relations with creditors are the primary <strong>political indicators of effective debt treatments<\/strong>, even while multilateral debt relief initiatives, such as the G-20&rsquo;s Common Framework, flounder. By the end of 2023, heavily indebted African states like Kenya and Ghana, should have implemented <strong>successful debt restructurings<\/strong> through extended maturities on foreign currency obligations, domestic loan swaps in exchange for concessional finance, and limited haircuts for some bondholders.<\/p>\n<p>Chinese creditors and international bond holders are <strong>most exposed to defaults<\/strong>, while the shock of debt restructurings for local banks and domestic bondholders will often be cushioned. In well-managed debt treatments, <strong>concessional and private sector creditors will be least exposed<\/strong> to arbitrary haircuts and other losses, which will enhance sovereigns&rsquo; creditworthiness and improve their position to <strong>attract record flows of climate finance<\/strong> and other impact investment in coming years. For the full report, see <a href=\"https:\/\/apo-opa.info\/3L3Qmco\">https:\/\/apo-opa.info\/3L3Qmco<\/a>.&nbsp;<\/p>\n<p><i>Distributed by APO Group on behalf of PANGEA-RISK.<\/i><\/p>\n<p><strong>Media Contact:<\/strong><br \/>\nSumaiya Patel, Intelligence Manager<br \/>\n<a href=\"mailto:Sumaiya.Patel@pangea-risk.com\">Sumaiya.Patel@pangea-risk.com<\/a><br \/>\n<a href=\"https:\/\/www.pangea-risk.com\/\">www.PANGEA-RISK.com<\/a><\/p>\n<\/p>\n<p><strong>About:<\/strong><br \/>\nPANGEA-RISK is a specialist intelligence advisory that delivers accurate, decision-ready, and commercially relevant forecasts and analysis on political, security, and economic risk in Africa and the Middle East to a wide-ranging spread of client sectors. The company was founded in 2015 as EXX Africa, rebranded as Pangea-Risk in 2020, and has since become a leading risk advisory and consultancy with a broad network of clients ranging from DFIs, banks, traders, corporates, and insurers, to governments, intelligence agencies, and military forces worldwide.<\/p>\n<div class=\"well well-sm\"><b>Media files<\/b><br \/><a href=\"https:\/\/www.africa-newsroom.com\/files\/large\/0199784262be73a\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/www.africa-newsroom.com\/files\/large\/0199784262be73a\" alt=\"PANGEA-RISK\" style=\"max-width:500px\" \/><\/a><br \/><a href=\"https:\/\/www.africa-newsroom.com\/files\/download\/0199784262be73a\">Download logo<\/a><\/div>\n<div class=\"media_block\"><a href=\"https:\/\/www.youtube.com\/v\/f52X_V0R-ck\"><img decoding=\"async\" src=\"https:\/\/i3.ytimg.com\/vi\/f52X_V0R-ck\/hqdefault.jpg\" class=\"media_thumbnail\"><\/a><\/div>\n<p><a href=\"https:\/\/www.africa-newsroom.com\/\">Source: Africa Newsroom &#8211; APO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PANGEA-RISK (www.PANGEA-RISK.com)&nbsp;jointly published a white paper on THE POLITICS OF AFRICAN DEBT RESTRUCTURING, with Acre Impact Capital, on the need to prepare Africa&rsquo;s distressed sovereigns for a new wave of sustainability capital. Download the document here:&nbsp;https:\/\/apo-opa.info\/3oL0I9h The report finds that by 2024, many of Africa&rsquo;s debt-distressed sovereigns will have successfully restructured their most unaffordable loans, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":258302,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4584],"tags":[4585],"class_list":{"0":"post-258301","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-africa-news-2","8":"tag-apo","9":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2023\/04\/pangea-risk-publishes-white-paper-on-the-politics-of-african-debt-restructuring.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/258301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=258301"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/258301\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media\/258302"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=258301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=258301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=258301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}