Zambia suffered a major setback this week in its nearly three-year odyssey to restructure $32 billion of debt when the country’s bilateral creditors led by China and France pushed back against bondholders. Plus, Brazilian President Luiz Inácio Lula da Silva issued a rare diss against China in a commencement speech for new diplomats when he said he tried to avoid Africa being “taken hostage” by China.
Eric, Cobus, and Geraud discuss those issues and are also joined by Bongiwe Tutu, project coordinator at the Africa-China Reporting Project at Wits University, to discuss a series of fascinating journalism conferences that took place this week in Johannesburg.
