Tag: Debt restructuring

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Kamala Harris urges Zambia creditors to expedite debt restructuring

U.S. Vice President Kamala Harris, on a week-long tour of Africa, on Friday urged Zambia's bilateral creditors to expedite the restructuring of its debts. Harris...

Ghana, bondholders’ advisers kick off debt talks under non-disclosure agreements – sources

Ghana's government and international bondholders are pushing forward with formal debt talks after advisors to both sides signed non-disclosure agreements, three sources with direct...

Ghana’s finance ministry: expects financing assurances ‘very soon’ amid China visit

Ghana's finance ministry said on Friday after meetings it held in China that it expected to secure financing assurances "very soon". Ghana secured a staff-level...

China to talk with Ghana over debt restructuring proposal -foreign ministry

China would like to enhance communications with Ghana to seek proper resolution of Ghana's debt issue, its foreign ministry said on Thursday, Spokesperson Wang Wenbin...

World Bank president expresses deep concern on Zambia debt restructuring

World Bank President David Malpass said on Tuesday he remained deeply concerned about the debt restructuring stalemate in Zambia and that the bank is...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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