Africa Matters: Zambia secures debt relief

03:26

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World

Africa Matters: Zambia secures debt relief

Zambia has just struck a deal to restructure the $6.3B in loans owed to governments abroad, including China. It's a breakthrough for indebted nations worldwide that have faced lengthy negotiations with their creditors. Could the deal serve as a blueprint for countries facing debt distress?

August 19, 2023