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What Happens if Zambia Defaults on Its Debt To China and Other Lenders?

by Eric Olander

BBC Africa journalist Jameisha Prescod produced a short, five-minute explainer on what Zambia can expect next, following its announcement that it would be unable to meet a Saturday repayment deadline on $3 billion of Eurobond notes owed to private investors.

Prescod also explore what the implications are for other African countries, who are facing similar financial pressures yet under very different circumstances than in Zambia.

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