Debt and Eurobond: Nicolas Kazadi warns of DRC's shift towards 'costly and risky' commercial debt

Nicolas Kazadi, former Minister of Finance, expressed concerns about the increasing commercial debt of the DRC, highlighting the risks associated with eurobonds. Faustin Luanga identified four main risks, including refinancing risk and governance risk. Kazadi also noted that the DRC still has underutilized concessional resources and warned against resorting to more expensive financing. He disputed the currency risk, deeming it limited due to the dollarization of the Congolese economy.