THE Ecumenical Church Loan Fund (ECLOF) Zambia, has given out a total of K67 million in loans to two commercial organisations to help them expand their operations.

The latest instance of this comes from Zambia, which recently cancelled US$ 1.6 billion in Chinese loans to avoid a debt trap. Zambia has also successfully negotiated a US$1.4 billion ...

By Chris Mfula LUSAKA (Reuters) -Zambia's Afreximbank loan is commercial and will be restructured, the country's treasury secretary said on Friday. "We are still negotiating with them. The debt ...

Zambia cancelled $1.6 billion in agreed upon but not-disbursed Chinese loans, mostly from China Exim Bank and the Industrial Commercial Bank of China, to help manage its debt woes.

According to the China Africa Research Initiative, copper-rich Zambia has used Chinese loans for more than 69 projects over the period 2000-2018, mostly in the transport and power sectors.

The World Bank says it has approved a $270m (£232m) loan to Zambia to help it recover from the effects of the coronavirus pandemic, the economic impact of the war in Ukraine and to manage its ...

Zambia's Afreximbank loan is commercial and will be restructured, the country's treasury secretary said on Friday.

Zambia has cancelled US$1.6 billion in agreed upon but not-disbursed Chinese loans, mostly from China Exim Bank and the Industrial Commercial Bank of China, to help manage its debt woes.

LUSAKA, June 6 (Reuters) – Zambia’s Afreximbank loan is commercial and will be restructured, the country’s treasury secretary said on Friday. “We are still negotiating with them. The debt ...

Aim- and AltX-listed Shuka Minerals has entered into an agreement with its second-largest shareholder Gathoni Muchai Investments (GMI) to increase a loan facility to Shuka by £1.5-million. Along with ...