Tag Archives: Debt restructuring

09Feb/26

JPMorgan to Launch New Frontier Index as Investors Push for Zambia’s Inclusion

February 9, 2026FinanceBankruptcy, Bond, China, Credit risk, Debt Justice, Debt relief, Debt restructuring, Egypt, Government bond, High-yield debt, Insolvency, Kenya, Nigeria, United States housing bubble, US Dollar, Vietnam, Zambiaadmin

10 Feb. 2026 /Mpelembe Media — New Frontier Benchmark JPMorgan is finalizing plans to launch a new frontier market local currency debt index, aiming to formalize investment in high-yield, developing economies. Expected to include 20 to 25 countries, the index focuses on nations such as Egypt, Vietnam, Kenya, and Nigeria, which are anticipated to carry the heaviest weightings. This launch addresses growing investor appetite for riskier debt, with analysis suggesting that frontier local markets have systematically outperformed mainstream emerging market indices over the last eight years. Continue reading →

29Nov/23

The Zambian debt restructuring impasse has got the international community riled

November 29, 2023EconomyBankruptcy, China, Debt, Debt restructuring, Debt-trap diplomacy, Default, Economy of Zambia, Government debt, Insolvency, Paris Club, United States, Zambiaadmin

Nov. 29, 2023 /IEconomy/ — Zambia is a country in southern Africa that has been struggling with a heavy debt burden for many years. In 2020, the country became the first African nation to default on its sovereign debt during the COVID-19 pandemic. In an effort to get its finances back on track, Zambia has been seeking to restructure its debt with its creditors. Continue reading →

28Nov/23

Zambia’s foreign debt tragedy – what needs to happen to resolve the crisis

November 28, 2023EconomyBankruptcy, China, Creative Commons, Creditor, Danny Bradlow, Debt, Debt crisis, Debt restructuring, France, Government debt, Hakainde Hichilema, Insolvency, International Monetary Fund, Paris Club, Zambiaadmin

Danny Bradlow, University of Pretoria

Three years after defaulting on its foreign debt, Zambia is still trying to reach agreement with all its creditors on how to manage this situation. This has left the southern African country in a state of development finance limbo. It is handicapped in raising the funds needed to generate jobs, build infrastructure, provide health, education and social services and deal with climate change. Its president, Hakainde Hichilema, has warned that the situation threatens to undermine its democracy.

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16Apr/23

What is in Zambia’s debt restructuring proposal sent bondholders?

April 16, 2023EconomyBankruptcy, China, Debt, Debt relief, Debt restructuring, Economy, Eurozone, External debt, Finance, Insolvency, International Monetary Fund, Money, Zambiaadmin

April 16, 2023 /Finance/ — If Zambia’s debt restructuring proposal is successful, it will help to improve the country’s economic outlook and create a more stable environment for businesses and investors. This will ultimately benefit the Zambian people by creating jobs, improving infrastructure, and providing access to basic services.

It is important to note that there are a number of risks associated with Zambia’s debt restructuring proposal. If the proposal is not successful, it could lead to a further deterioration in Zambia’s economy and could potentially lead to a default on Zambia’s debt.

Zambia sent a debt restructuring proposal to bondholders on April 14, 2023. The proposal includes the following key points: Continue reading →