Zambia debt restructuring

The influential U.S. investment bank, JPMorgan Chase, has said it sees a growing chance that Afreximbank could be pulled into debt restructuring processes, especially in countries like Ghana and Zambia, …

Zambia has confirmed that its loan from the African Export-Import Bank (Afreximbank) is a commercial loan and not concessional. The country’s Secretary to the Treasury, Mr. Felix Nkulukusa, made this …