African Finance and Development Ministers Meet With Private Creditors to Try and Reach a Debt Suspension Deal

At least a dozen African finance ministers, along with several development ministers, spoke via video conference with more than 100 private creditors on Monday as part of an effort to reach a consensus over suspending some or all of the repayments to bondholders and other investors.

The key topic of conversation, according to people who took part in the conference, is trying to find a way for African governments to stop re-paying their debts, while at the same time continuing their access to global capital markets.

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by Eric Olander

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