IT hasn’t been easy for African states to finance their developmental and environmental policy objectives over the past few years. Recent events suggest that the situation may be improving. For the first time in two years, three African states have been able to access international financial markets, albeit at high-interest rates. Kenya, for example, is now paying over 10% compared to about 7% in 2014. Many African countries continue to face challenging sovereign debt situations. DANNY BRADLOW, Professor/Senior Research Fellow, Centre for Advancement of Scholarship, University of Pretoria Total external debts as a share of Africa’s export earnings increased from…