Zambia’s major creditor, China, has called on the country’s other creditors to shoulder a “fair burden” amidst Zambia’s recent push for debt restructuring. China’s call comes...
Following a debt restructuring agreement reached between Zambia and an international bondholder group, the country’s finance ministry has revealed that there are concerns as official creditors and...
A staff-level agreement over the initial review of a $3 billion loan programme has been reached between the Ghanaian government and the International Monetary Fund (IMF)....
The growing debt profile of many African countries continues as a disturbing trend across the continent, and a reworking of the G20 framework has been proposed...
West African country, Ghana has made a major move at resolving its debt crisis as the country has presented debt restructuring proposal to its creditors. According...
Zambia’s Monetary Policy Committee has increased the country’s monetary policy rate by 25 basis points to 9.50 per cent. The central bank says the move is...
Zambia has continued its attempts to have its debt restructured, as its president, Hakainde Hichilema met French President, Emmanuel Macron in Paris on Wednesday with the...
The state of public debt in Kenya has forced commercial banks in the country to make a decision to reduce lending to the Treasury by 40...
The International Monetary Fund (IMF) has revealed that growth in sub-Saharan Africa is expected to slow to 3.6 percent in 2023. The IMF, through its Director...
The head of the International Monetary Fund’s Africa Department, Abebe Aemro Selassie has revealed that Kenya is not expected to seek a restructuring of its debt...