The African debt situation is likely to worsen due to difficulties in the tourism sector. Countries dependent on tourism, by increasing spending and reducing revenues, are seeing their borrowing needs increase

The African Development Bank (AfDB) in its 2021 African Economic Outlook report indicated that Africa's debt is expected to grow by 10 to 15 percentage points in 2021.

According to the institution, this increase in the continent's debt will be fuelled by the Covid-19 pandemic, which has severely disrupted the continent's economies. More specifically, the ADB indicates that the main contributors to this increase in African debt “should be economies dependent on tourism and other resource-intensive economies other than oil.”
These economies have been largely impacted by restrictive measures that have stopped the arrival of international travelers, and even domestic tourism.
The Bank calls on African countries to improve the efficiency of their debt-financed investments. “It is best to ensure that debt is used to finance the most productive projects, that is, those that generate sufficient growth to pay the debt in the future,” she says

Policy makers should therefore take advantage of the current low global interest rates to borrow relatively cheap capital to finance high-yield public investments.