Vulnerable countries to pay record $22bn this year, mostly relating to loans issued under Xi Jinping’s belt and road initiative The most vulnerable nations on...
Exclusive: Countries are struggling to manage expensive loans, with much of debt transacted through London Diplomats from eight southern and east African countries have signed...
Commitment by Mogadishu’s largest single lender is latest in series of deals to forgive ‘unsustainable’ $4.5bn debt Somalia has announced that more than $1.1bn (£860m)...
Paris Club of creditor nations agree cancellation as Mogadishu moves towards financial normalisation amid ongoing conflict The Paris Club, a collection of some of the...
Beijing must be more ready to support countries facing distress, says deputy chief economist China holds the key to speeding up debt relief and ending...
Package similar to 2005 deal needed as struggling African countries suffer severe funding squeeze, says official Western countries need to put together a debt relief...
Economists accuse bondholders of standing to make huge profits at the expense of the crisis-hit country More than 100 economists and academics have urged international...