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1 – 10 of 90The deal also appears to have satisfied official creditors, which had blocked an earlier deal on the basis that it granted bondholders more favourable terms than official…
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DOI: 10.1108/OXAN-DB286478
ISSN: 2633-304X
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Mineral exports from the Central African Copperbelt in the Democratic Republic of the Congo (DRC) and Zambia are rising and existing export routes via South Africa do not have the…
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DOI: 10.1108/OXAN-DB285523
ISSN: 2633-304X
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Many observers had anticipated a Chinese takeover, as attention has generally been focused on perceived Chinese dominance in the region’s mining industry. However, this deal makes…
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DOI: 10.1108/OXAN-DB284721
ISSN: 2633-304X
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Separately, it says it has now also opened talks with private bondholders to try to reach a similar understanding over USD3bn in dollar-denominated bonds.
This brings the three-year attempt to negotiate a debt-restructuring deal to a halt at the last hurdle. The parties must now try to salvage the deal before the end-of-year…
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DOI: 10.1108/OXAN-DB283748
ISSN: 2633-304X
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Recent successful coups in West and Central Africa have raised fears this might embolden militaries elsewhere to seize power. However, Zambia is a well-established democracy where…
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DOI: 10.1108/OXAN-DB282084
ISSN: 2633-304X
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Zambia’s economy is heavily dependent on copper, and the government is seeking to boost production to 3 million tonnes by 2030 to leverage rising global demand for copper due to…
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DOI: 10.1108/OXAN-DB281801
ISSN: 2633-304X
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The downgrade reflects the expected realisation this year of the delayed global economic slowdown. The resulting debt overhang in the region has depleted the space for fiscal…
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DOI: 10.1108/OXAN-DB280137
ISSN: 2633-304X
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A deal under the G20 Common Framework for Debt Treatment was expected by end-2022. However, amid geopolitical tensions, China has been blamed for the delay by figures including US…
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DOI: 10.1108/OXAN-DB276008
ISSN: 2633-304X
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Prospects for African politics to end-2018.