Zambia clinches deal to defer Chinese debt

Lusaka (AFP) Oct 28, 2020
Zambia has secured a debt repayment holiday from China, a treasury official said Wednesday, days after the government was declared in default for missing an interest payment on its Eurobond. Africa’s second largest copper producer is one of China’s prominent debtors, owing billions of dollars. Secretary to the Treasury Fredson Yamba said payments due to the China Development Bank on Octo
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