The bondholders believe the IMF’s analysis undervalues Ethiopia’s economic fundamentals and overstates the need for debt relief.
Ethiopia bondholders dispute IMF report on solvency concerns Read More »
Ethiopia’s Finance Minister has announced that the country is in the “final stages” of negotiations to restructure its sovereign debt.
Ethiopia nears completion of debt restructuring negotiations Read More »
The deal follows a bilateral agreement with France, the first country to sign under the G20 common framework.
Zambia nears end of debt restructuring Read More »
At the G7 summit, Kenyan president William Ruto stressed the need for financial system reforms to support developing countries with debt relief and emphasized Africa’s demand for a permanent UN Security Council seat.
Kenyan president calls on G7 to revamp global lending Read More »
The union leader blames austerity measures imposed for an IMF loan and President Saied’s weakening of democratic institutions.
Thousands rally in Tunisia against rising living costs Read More »
Sub-Saharan Africa grapples with an unprecedented debt crisis, jeopardizing economic growth and well-being.
Davos: Sub-Saharan Africa faces unprecedented debt crisis Read More »
