According to sources quoted by Reuters, Ghana’s official creditors are scheduled to meet on Monday to discuss restructuring some $5.4 billion in loans to the country....
The foreign ministry of Zambia’s major lender, China on Friday said it worked in collaboration with the country to resolve her current debt crisis. An official...
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...
There is fear that debt-ridden Southern African country, Zambia could lose some of its recent macroeconomic gains as debt restructuring lingers. Zambia’s Treasury Secretary, Felix Nkulukusa...
The Monetary Policy Committee (MPC) of the Bank of Zambia in its Statement of 15 February 2023, has confirmed beyond reasonable doubt that China’s latest demands...
As the debt profile of many African countries continues to rise, the International Monetary Fund strategy chief, Ceyla Pazarbasioglu will travel to China next week for...
The United Nations Development Programme (UNDP) has warned that 54 countries across the world need immediate debt relief. A senior official of the UNDP, Achim Steiner,...
Despite its growing public debt, Nigeria has secured another $750 million loan from the World Bank to accelerate the implementation of critical actions. According to a...
The International Monetary Fund (IMF) chief, Allison Holland on Wednesday revealed that the body does not expect any relief for Zambia after the end of a...
Zambia’s effort to have it deal restructured has made significant progress as the country has engaged lenders to facilitate the formal cancellation of over $2 billion....