Browsing Tag
Debt relief
4 posts
China to Help Kenya Deal with Debts as Covid-19 Rages
Under the G20 framework, 15 other African countries have also received waivers of matured interest-free loan.
Paris Club Grants Kenya’s Debt Service Suspension Request
Paris Club has granted Kenya’s request for a suspension of its debt service. Through the organisation’s Debt Service…
Mali secures Paris club debt relief under G20 deal
Some relief of the financial burden on developing countries is becoming a reality and one of the lucky…
‘Not all African countries deserve blanket debt relief over Covid-19’ – private creditors
African countries face a combined $44 billion debt-servicing bill this year alone. The Africa Private Creditor Working Group (AfricaPCWG) on Friday said it will coordinate the views of over 25 asset managers and financial institutions representing total assets under management in excess of $9 trillion.