Day: May 12, 2020

The longtime China-based BBC correspondent Danny Vincent reflected this week on the reports of discrimination and racism towards Africans in the southern Chinese city of Guangzhou. As a black journalist who has spent more than a decade reporting in Hong Kong, Vincent said he has experienced discrimination ...

Africa Confidential reports that Zambia is on the verge of defaulting on its Eurobond debt, following similar warnings last month from two of the world's larger credit ratings agencies, Moody's and Fitch, who both downgraded Zambia’s debt to CC, the second-lowest level outside of an actual default.

South African President Cyril Ramaphosa called on G20 countries and other international creditors to extend a proposed debt repayment moratorium from nine-months to two years. The president issued the appeal on Friday during a virtual summit of African leaders that he convened in his capacity as chairperson ...