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Private lenders urged to cancel external debt

A group of Ghanaian civil society organisations (CSOs) has called on international lenders to cancel Ghanaโ€™s debt to make it sustainable. The CSOs, in a statement copied to the Ghana News Agency, called for support for Ghana by the G20, and UK, in particular, to stay in default on obligations…
United Kingdom Tax Justice Coalition Ghana Development Centre African Forum Third World Network Ghana News Agency

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Zambia received 'debt-for-nature' proposal from WWF for $13 bln restructuring

And that are acceptable to all parties," the ministry's response added. COMMON FRAMEWORK WWF's Zambia country head, Nachilala Nkombo, told Reuters that the most recent talks with the government took place last month. While some of Zambia's private sector bond holders are expected to be open to the idea, it is not known where China, France and other key 'official sector' creditors stand, given that talks have already dragged on for two years.
Victoria Falls Zambia General Sri Lanka Nachilala Nkombo Elaine Hardcastle Kristalina Georgieva

US Treasury Secretary Heads to Senegal, Zambia and South Africa - New Delhi Times - India Only International Newspaper

U.S. Treasury Secretary Janet Yellen is headed to Senegal, Zambia and South Africa this week to discuss trade expansion, investment and the U.S. commitment to African economies. This comes after a promise from President Joe Biden at the U.S.-Africa Leadersโ€™ Summit last month that he and members of his Cabinet would visit Africa in 2023.…
Burkina Faso United States South Africa Qin Gang World Bank District Of Columbia

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