Zambia pushes to defer dollar-bond interest payments until April 2021

“Zambia has $3 billion of Eurobonds outstanding and owes $2 billion to commercial banks, $2 billion to the International Monetary Fund and World Bank and another $3 billion to China. Zambia launched a vote with its Eurobond holders proposing to defer interest payments on its three outstanding dollar-denominated bonds until April 2021.”

via Nasdaq

The Impact of COVID-19 on the African Economy (Video)

“The Whitaker Group CEO Rosa Whitaker joins Jill Malandrino on Nasdaq Trade Talks to discuss the impact of COVID-19 on the African economy and how business and investment are helping to shape the continent’s rise on the global stage.”

via Nasdaq