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Zambia’s Debt Saga and the lesson for other African Nations

The debt crisis in Zambia is a cautionary tale, not just for the country itself but for many African nations grappling with similar challenges. Zambia’s journey into indebtedness and its.

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Botswana says China agreed to extend loan, cancel debt

China has agreed to extend a loan to Botswana for rail and road infrastructure as well as writing off some debt, Botswana’s President Mokgweetsi Masisi said on Saturday. Speaking at.

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Nigeria’s external debt rises by $11.77bn in 3yrs – DMO

Nigeria’s external debt commitment rose by $11.77bn in the last three years, investigation has shown. According to debt statistics obtained from the Debt Management Office, the country’s external debt rose.

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Nigeria: Govt Spent U.S.$202,000 Servicing External Debt for 2018 Q2

The Debt Management Office (DMO) has disclosed that Nigeria spent a total of $202,253.15 to service its external debt stock for the second quarter of 2018. This was contained in.

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Egypt to reduce public debt to 92% of GDP in FY 2018-19

Egyptian Finance Minister Mohamed Ma’it said the country will reduce its public debt to 92 percent of the GDP in the budget of the current fiscal year 2018-2019, state-run Ahram.

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