Zambia heading towards Africa’s first Covid-linked debt default – Financial Times
Zambia has asked investors in its US dollar bonds to accept delays in paying interest next year, which would be the first African debt default on private creditors since the pandemic. President Edgar Lungu’s government said on Tuesday it was seeking “the suspension of debt service payments for a period of six months” from holders […]
The post Zambia heading towards Africa’s first Covid-linked…