Zambia launches $600 million debt-for-energy initiative

ZAMBIA launched a $600 million debt-for-energy conversion initiative, backed by a concessional loan from the African Development Bank. The government said it opened a tender offer to repurchase $1.36 billion in Fixed Rate Step-Up Amortizing Notes due in 2053. The move marks a step forward after Zambia completed its sovereign debt restructuring in 2024. According […] The post Zambia launches $600 million debt-for-energy initiative first appeared on Mwebantu .

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