The list of the 20 most indebted African countries + See how much they owe!

12. Republic of the Congo – $7,644,000,000

Petroleum is the mainstay of the economy of the Republic of Congo.

In the year 2010, IMF and World Bank approved $1.9 billion in debt relief for the nation. Congo’s 2012 external debt was estimated at $7.6 billion.