This paper focuses on the debt build-up that frontier low-income developing countries (LIDCs) have faced since 2012. First, it documents a 20-percentage point increase in the external and government debt-to-GDP ratios, a composition shift toward higher non-concessional debt, and a rise in...

Over the next generation, Sub-Saharan Africa faces three big, inter-related challenges. Its population will double to 2 billion by 2045. By then, more than half of Africans will be living in cities. And this group of mostly young people will be connected with each other and the world through...