Last year, Zambia signed a debt deal with its foreign lenders, providing financial relief to the first African nation to default after the Covid pandemic. Joyce Banda, former president of Malawi ...

CAPE TOWN (Reuters) - Growing external debt burdens are crippling the world's poorest countries, a group of former African ...

PRETORIA, March 12 (Reuters) - South Africa said on Wednesday that it would reduce its debt relief package for state power utility Eskom by a further 20 billion rand ($1.1 billion) and would give ...

the Government of Canada will set aside one dollar for the East Africa Drought Relief Fund. The Canadian International Development Agency (CIDA) will allocate these funds to established Canadian ...

The high debt saddling the world's poorest countries needs an urgent reset to avoid multiple crises, African leaders said Thursday as they launched an initiative for debt relief and fairer ...

South African President Cyril Ramaphosa is hoping to use his country's current presidency of the Group of 20 nations to champion the cause of the developing world, including action on debt relief ...

The African Leaders Debt Relief Initiative, signed on the sidelines of a G20 finance meeting in South Africa, will push for a revamp of the global lending system to unlock debt relief and ...