The Chances for Africa Debt Relief at G8 Summit Debt relief for Africa will be on the agenda when the leaders of the G8 nations meet in Scotland later this week. Kenya, which owes billions to foreign creditors, allocates almost a third of its budget to pay debts. But Kenya is unlikely to have its debts cancelled at the upcoming summit.
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The Chances for Africa Debt Relief at G8 Summit

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The Chances for Africa Debt Relief at G8 Summit

The Chances for Africa Debt Relief at G8 Summit

The Chances for Africa Debt Relief at G8 Summit

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  • <iframe src="https://www.npr.org/player/embed/4729055/4729060" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Paul Moriri outside his shack in the Korogocho slum of Nairobi. Moriri, who picks through the dump for food, is one of millions of Africans who survive on less than one dollar a day. Jason Beaubien, NPR hide caption

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Jason Beaubien, NPR

Debt relief for Africa will be near the top of the agenda later this week when the leaders of the G8 nations meet in Scotland. Kenya owes billions of dollars to foreign creditors.

Each year, Kenya allocates almost a third of its national budget to pay its debts. But the country is unlikely to have its debts cancelled at the upcoming G8 summit.