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Boosting exports would stabilise Kenya's account and reduce the risk of currency depreciation, both important for Nairobi's ability to manage public debt. Kenya has increased…
Chinese lending to Africa.
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DOI: 10.1108/OXAN-DB243373
ISSN: 2633-304X
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ETHIOPIA: Debt service deal presages tougher talks
Starting today, this will increase the price of petrol at the pump from AOA160 (USD0.27) to AOA300 per litre. This occurs in a context of a weakening currency and high debt…
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…
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DOI: 10.1108/OXAN-DB286657
ISSN: 2633-304X
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By prioritising debt repayments over salary payments (and refraining from short-term borrowing to pay salaries), the government is signalling its commitment to servicing debts…
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DOI: 10.1108/OXAN-DB278562
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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GHANA: Debt talk failure will postpone final deal
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DOI: 10.1108/OXAN-ES286464
ISSN: 2633-304X
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This follows a January agreement with official creditors, who are owed approximately USD5.4bn. That allowed the country to receive the second disbursement of USD600mn from the IMF…
ZAMBIA: Debt deal offers long-delayed relief