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China’s Role in the Burgeoning Debt Challenge in Africa
The debt situation in Africa is changing very quickly as some countries race to negotiate urgent bailouts with the IMF while others are struggling to service their debts amid the ongoing pandemic. Pretty much every country across the continent is struggling ...
Related Posts
Hichilema Acknowledges Zambia’s Debt “Hole” is Bigger Than He Thought
Newly-elected President Hakainde Hichilema's brief honeymoon with the international financial community may have come to an end on Wednesday when he publicly acknowledged what's long been suspected: that Zambia's hidden debts are far more extensive than what's been publicly disclosed. Zambia’s ...
Hichilema May Find Out Getting Elected Was the Easy Part, Fixing Zambia’s Debt-Ridden Economy Will Be a Lot Harder
A peaceful transfer of power took place in Lusaka on Tuesday when opposition leader Hakainde Hichilema (photo) became Zambia's seventh president in the post-colonial era. President Hichilema made clear right from the start that the economy, specifically reducing the country's heavy debt load, will be ...
Markets Optimistic Hichilema Will Resolve Zambia’s Debt Crisis
Global financial markets are telegraphing their relief that Zambian opposition leader Hakainde Hichilema decisively won last week's presidential vote and that he'll now have the necessary mandate to bring an end to the country's worsening debt crisis. Both Zambia's kwacha and ...
G20 Suspends Debt Repayments For Another Six Months
The G20 is providing developing countries with yet more breathing room to repay their debts. G20 finance ministers and central bank chiefs met yesterday and announced that it would extend the Debt Service Suspension Initiative by another six months from June through December.
China, the world's top crude importer, has been the main buyer of oil from OPEC producer Iran in recent years, but will face competition and higher prices after the U.S. issued a 30-day sanctions waiver on Iranian oil. Beijing, which has also been ...
China’s Role in the Burgeoning Debt Challenge in Africa
The debt situation in Africa is changing very quickly as some countries race to negotiate urgent bailouts with the IMF while others are struggling to service their debts amid the ongoing pandemic. Pretty much every country across the continent is struggling ...
Hichilema Acknowledges Zambia’s Debt “Hole” is Bigger Than He Thought
Newly-elected President Hakainde Hichilema's brief honeymoon with the international financial community may have come to an end on Wednesday when he publicly acknowledged what's long been suspected: that Zambia's hidden debts are far more extensive than what's been publicly disclosed. Zambia’s ...
Hichilema May Find Out Getting Elected Was the Easy Part, Fixing Zambia’s Debt-Ridden Economy Will Be a Lot Harder
A peaceful transfer of power took place in Lusaka on Tuesday when opposition leader Hakainde Hichilema (photo) became Zambia's seventh president in the post-colonial era. President Hichilema made clear right from the start that the economy, specifically reducing the country's heavy debt load, will be ...
Markets Optimistic Hichilema Will Resolve Zambia’s Debt Crisis
Global financial markets are telegraphing their relief that Zambian opposition leader Hakainde Hichilema decisively won last week's presidential vote and that he'll now have the necessary mandate to bring an end to the country's worsening debt crisis. Both Zambia's kwacha and ...
G20 Suspends Debt Repayments For Another Six Months
The G20 is providing developing countries with yet more breathing room to repay their debts. G20 finance ministers and central bank chiefs met yesterday and announced that it would extend the Debt Service Suspension Initiative by another six months from June through December.







