How Egyptian and Ivorian Public Debt Evolved from 2010 to 2025 (Analysis)

Egypt and Ivory Coast are among the most indebted African countries to the IMF, with 7.55 billion and 3.63 billion Special Drawing Rights, respectively. In Ivory Coast, debt was reduced through the HIPC initiative in 2012 but has since tripled, reaching 31,000 to 35,000 billion FCFA by the end of 2024. In Egypt, public debt reached 73% of GDP in 2010, exacerbated by revolts and mega-projects under Abdel Fattah al-Sissi. Both countries face increasing challenges regarding debt servicing and development needs.