In Africa when all avenues close, there is always the Eurobond

Africa may finally have found a homegrown cure for its crippling debt addiction — a $700 billion solution set to be unveiled in Kampala.

Photo credit: John Nyaga | Nation Media Group

Finally, Africa stands on the threshold of finding a cure for the worst addiction it has suffered since independence. This addiction which is called debt distress is worse than alcoholism or dependence on hard narcotics because it hurts hundreds of millions of victims who are innocent while the powerful few who contract it are having a party.

The wonder cure will be unveiled in Kampala, from November 5-7.