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From Default to ‘Investable Again’: Zambia’s Long Road Back
Five years after missing a US$42.5 million Eurobond coupon and tumbling into default, Zambia has finally clawed its way back into the good graces of at least one major rating agency. On Friday, S&P Global Ratings lifted Zambia’s long- and short-term foreign-currency ratings to CCC+/C from selective default (SD) , formally removing the scarlet letter that has hung over the country since 2020. “It confirms that Zambia has moved out of default status and is steadily restoring
19 hours ago5 min read
Zambia’s Debt Deal Hits a Snag: Why Afreximbank’s Role Could Reshape Africa’s Financing Future
Zambia was supposed to be turning the page on its debt crisis. After reaching a landmark agreement in June with private creditors to...
Sep 242 min read
Zambia’s Economic Resurgence: Growth at a Four-Year High
Zambia is on track for its strongest economic growth in four years , with GDP expected to expand by more than 6% in 2025 . For a country...
Sep 112 min read
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