Search results

Zambia faces default despite bondholders’ reprieve

Location:

ZAMBIA

However, rather than reject Lusaka's proposal, a group of creditors abstained from the vote, forcing an adjournment until November 13. That date coincides with the end of Zambia’s…

Window for Zambian debt deal is rapidly narrowing

Location:

ZAMBIA

ZAMBIA: Window for debt deal is rapidly narrowing

Ethiopia faces tough negotiations around IMF programme

Location:

ETHIOPIA

Addis Ababa must reach an agreement with the IMF to honour its commitments under its debt-service suspension agreement with official creditors. Thereafter, further talks will be…

Debt deal improves the outlook for Zambia

Location:

ZAMBIA

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.

Ghana borrowings may prompt eventual return to the IMF

Location:

GHANA

The Bank of Ghana (BoG) has bought up unprecedented levels of treasury bonds but now wants to scale back its role. Finance Minister Ken Ofori-Atta is looking to international…

Mozambican debt deal will bring only short-term gains

Location:

MOZAMBIQUE

Mozambique debt restructuring.

Era of uniform African debt restructuring at an end

Location:

AFRICA

African debt restructuring.

Ethiopia’s conflict clouds the economic outlook

Location:

ETHIOPIA

Both are desperately needed, as G20 debt service relief will soon expire, and as the conflict in northern Ethiopia increasingly strains the economy and the government’s finances.

Mozambique’s FRELIMO will hail twin pre-poll boost

Location:

MOZAMBIQUE

MOZAMBIQUE: FRELIMO will hail twin pre-poll boost

Peace in Ethiopia’s Tigray region remains fragile

Location:

ETHIOPIA

The meeting comes amid escalating rhetoric over the failure to implement key aspects of the agreement, and warnings of the risk of famine and even the potential for renewed…