ZAMBIA launched a $600 million debt-for-energy conversion initiative, backed by a concessional loan from the African Development Bank. The government said it opened a tender offer to repurchase $1.36 billion in Fixed Rate Step-Up Amortizing Notes due in 2053. The move marks a step forward after Zambia completed its sovereign debt restructuring in 2024. According […]

ZAMBIA launched a $600 million debt-for-energy conversion initiative, backed by a concessional loan from the African Development Bank. The government said it opened a tender offer to repurchase $1.36 billion in Fixed Rate Step-Up Amortizing Notes due in 2053. The move marks a step forward after Zambia completed its sovereign debt restructuring in 2024. According […]