Tag: Debt restructuring
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Ghana finance minister travels to China for debt talks – source
Ghana's finance minister Ken Ofori-Atta will meet with Chinese officials in Beijing on Wednesday to discuss a proposed restructuring of Ghana's debt, according to...
Ghana and Zambia’s debt restructurings going in “diverging directions” – Citi
Debt restructuring programmes in Ghana and Zambia are going in "diverging directions" due to Zambia's larger exposure to Chinese lenders and its weaker ability...
Banks plan for US$427 million of losses as Ghana restructures debt
Ghana’s move to restructure its local-currency and overseas debt is weighing on banks from Africa to the United Kingdom.
Four of Africa’s biggest lenders —...
Zambia says it is pushing to agree debt restructuring despite delays
Zambia is working very hard with its creditors, including China, so that hopefully a debt restructuring can be agreed by the end of March...
China backs Sri Lanka’s debt restructuring, paving way for $1.2 billion IMF bailout
The International Monetary Fund on Tuesday said Sri Lanka had secured financing assurances from China, India and all its major bilateral creditors, paving the...
