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CNBC Africa

Zambia on Track for Debt Restructuring Next Quarter-Finance Minister

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Zambia is pushing hard to complete the restructuring of nearly $15 billion of external debt in the first quarter of 2023 and is “in active engagement” with its largest bilateral creditor China, Zambia’s finance minister said in an interview…
Africa news

World Bank approves $275 million in development support for Zambia

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The World Bank has approved US$275 million in assistance to help Zambia recover from the effects of the Covid-19 pandemic and deal with the fallout from the war in Ukraine. The money is to help Zambia, which is "over-indebted", return…