Zambia president blames private creditors for debt deal delaysFri, 22 Dec 2023 14:02:19 GMT
Zambia’s President Hakainde Hichilema on Friday blamed private creditors for holding up a long-sought debt restructuring deal for the first African nation to default after the Covid pandemic.Zambia, which had $18.6 billion in debt when it defaulted in 2020, struck an agreement in principle in October with foreign lenders. Hichilema said about 98 percent of official …