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Ghana's official creditors are scheduled to meet on Monday to discuss restructuring some $5.4 billion in loans to the country, three sources told Reuters, a key step needed to secure its next tranche...
The session on debt financing and development in Africa was organized by the African Union Commission and the consultancy International Development Reimagined.
Ethiopia became Africa's third default in as many years on Tuesday after it failed to make a $33m (R609.39m) "coupon" payment on its only international government bond.
Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..
Lessons from about a century ago should guide relief efforts so that indebted nations can do better than just staying solvent. China had better pay attention.