What to know

• Developing countries’ external debt rose to a record $9.4tn in 2025 due to increased private borrowing and higher interest rates, the World Bank reports. : https://punchng.com/developing-countries-external-debt-hits-record-9-4tn-world-bank/S1
• Cost of servicing external debt is preventing developing countries from investing for futureDebt owed by developing countries rose to a record $9.4tn (£7tn) last year, with the poorest paying the highest interest rates since the late 1980s, World Bank data sho...S2