Tag: African Debt Crisis

France, UK to lead Zimbabwe’s $23 billion debt restructuring effort

France and the United Kingdom are set to take a leading role in Zimbabwe’s efforts to restructure its $23 billion debt burden, marking a significant step in Harare’s push to restore access to international financing and rebuild relations with global creditors.  The two European nations will co-chair Zimbabwe’s new Debt Consultative Group (DCG), a platform expected to coordinate negotiations between…

Oluwatosin Alao Oluwatosin Alao

Ethiopia reaches preliminary deal to restructure $1 billion Eurobond

Ethiopia Eurobond Restructuring moves forward after a preliminary $1 billion debt deal with major bondholders.

Timilehin Adejumobi Timilehin Adejumobi