News & Analysis: Zambia

Voting in a pandemic: Lessons for elections in Africa in 2021

“African elections held early on in the pandemic have compelled urgent adaptations and innovations to electoral processes and timelines.”

via Brookings Institution

COVID-19 deaths in Africa higher than official count, Zambia study suggests

“A study of corpses in a Zambian morgue suggests that deaths from COVID-19 may have been routinely undercounted in the country, and by extension possibly elsewhere in Africa, challenging the view that the continent has avoided the worst effects of the pandemic.”

via Financial Times

Managing COVID-19’s Impact on Africa’s Sovereign Debt: An Interview with Danny Leipziger

COVID-19 Africa Watch talks to Danny Leipziger, Professor of International Business at the George Washington University, about debt and debt relief amid the ongoing coronavirus pandemic.

via COVID-19 Africa Watch

Government meeting today to review the COVID-19 preventive guidelines amid the surge (Zambia)

“The government has said that it will review the COVID-19 preventive guidelines that were set in order to determine the way forward amidst a surge of cases in the second wave of the pandemic.”

via Lusaka Times

World Bank sees more countries in ‘deep debt distress’ this year

“Chad and several other countries are already in deep debt distress and more will join their ranks this year, given the severity of the global recession triggered by the COVID-19 pandemic, World Bank Group President David Malpass said.”

via Reuters

COVID-19 deaths detected in a systematic post-mortem surveillance study in Africa

“COVID-19 cases were under reported because testing was rarely done, not because COVID-19 was rare. If our data are generalizable, the impact of CV19 in Africa has been vastly underestimated.”

via medRxiv

Interview: Dr. Youssef Boutros-Ghali on COVID-19, Debt Sustainability, and Macroeconomic Policy in Africa

COVID-19 Africa Watch talks to Dr. Youssef Boutros-Ghali, former Finance Minister of Egypt and former chairman of the IMF’s International Monetary and Financial Committee, about the economic impact of the pandemic, the policy response, SDRs, and more.

via COVID-19 Africa Watch

China to cut back lending to Africa in the post-COVID-19 era

“Chinese infrastructure lending to African countries is widely expected to slow over the next 1-2 years amid mounting debt sustainability concerns. This would mark a dramatic change over the past twenty years when Beijing emerged as a key source of development finance that helped Africa close its gaping $100 billion-a-year infrastructure deficit.”

via The Africa Report

Creditors fume as the beat goes on

“After the default, the bondholders and Chinese creditors are jostling for priority but secrecy and local politics are blocking a credible solution.”

via Africa Confidential

The ‘blood, sweat and tears’ behind Zambia’s default

“When Zambia sold the last of its three US dollar bonds in 2015, it capped a decade in which the copper-endowed African country went from needing debt relief reserved for the world’s poorest nations to tapping the global capital markets with ease. But just five years later, that bond is in default, with the rest of Zambia’s $3bn international bond borrowings.”

via Financial Times