Zambia on brink of defaulting on foreign debt – BBC News
Related Topics image copyrightGetty Imagesimage captionThe pandemic has aggravated pre-existing financial pressures Zambia is on the brink of defaulting on its foreign debt after it missed a payment of more than $40m (30m) last month. A so-called grace period will expire on Friday, which would make it Africa’s first country to default on sovereign debt…