Tag: Zambia

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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...

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...

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...

Analysis: Cash-strapped countries face IMF bailout delays as debt talks drag on

Countries in debt distress such as Zambia and Sri Lanka turning to the International Monetary Fund (IMF) for financial help are facing unprecedented delays...

China, U.S. to participate in first meeting of new debt roundtable on 17 February

Officials from China, India, Saudi Arabia and Group of Seven nations will participate in a first virtual meeting of a new sovereign debt roundtable...

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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...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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