Agreement on restructuring Zambia's debt (16 Dec. 2024)
Since the Zambian State's non-payment in November 2020 and the Zambian authorities' appeal to find a lasting solution to the financial deadlock, France has made active efforts to identify multilateral solutions allowing Zambia to restore its budgetary sovereignty. Over the past few years France has been committed, within the G20's Common Framework for Debt Treatments, to mobilizing Zambia's creditors, including China, to restructure Zambia's debt. In June 2023, these efforts led to a historic (…)