The South China Morning Post published on 27 November 2023 an article titled "China, IMF and Investors Can't Reach a Deal on Zambia's Debt. What Does It Mean for Other Distressed African Nations?" by Jevans Nyabiage.
China, which is Zambia's largest bilateral lender, has been trying to restructure Lusaka's $4.1 billion debt in cooperation with other bilateral lenders and private bondholders. The negotiations have reached an impasse and may signal difficulties for reaching a restructuring agreement with other indebted countries such as Ethiopia and Ghana.
