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Copper-rich Zambia, the first African country to default on its debt during the Covid pandemic, on Thursday secured a deal from creditors to restructure its debt at a global finance summit in Paris. - Crippled by debt - In 2020, Zambia became the first country in Africa to default on its foreign debt since the start of the Covid-19 pandemic. ....
Copper-rich Zambia, the first African country to default on its debt during the Covid pandemic, on Thursday secured a deal from creditors to restructure its debt at a global finance summit in Paris.- Crippled by debt - In 2020, Zambia became the first country in Africa to default on its foreign debt since the start of the Covid-19 pandemic. ....