debt | TRT Afrika

9 results associated with debt are displayed

Kenya cost-of-living crisis: How living beyond means creates a debt storm

Kenya cost-of-living crisis: How living beyond means creates a debt storm

Jumping into debt without a proper exit plan pushes many into a cycle of borrowing from which they can't get out, as many people caught in Kenya's economic crisis are learning.

Ghana to launch bonds exchange next week

Ghana to launch bonds exchange next week

Ghana says it will invite investors in its Eurobonds to exchange their bonds for reissued ones in the coming week.

Zambia reaches debt deal with private creditors

Zambia reaches debt deal with private creditors

Zambia, which is pushing for debt restructuring, says it has reached a deal with its creditors.

Bondholders discuss debt restructuring with Zambia

Bondholders discuss debt restructuring with Zambia

International bondholders are holding talks with the Zambian government, which is seeking to have $3 billion debt restructured.

Ghana pushes for simple debt rework

Ghana pushes for simple debt rework

Ghana is pushing for a simple debt rework amid financial pressure facing the West African country.

Each US citizen owes $97,000 as country's debt exceeds $33tr

Each US citizen owes $97,000 as country's debt exceeds $33tr

The debt increased by one trillion dollars in three-months since June.

Sri Lanka's Parliament approves debt restructuring plan

Sri Lanka's Parliament approves debt restructuring plan

Sri Lanka has been undergoing an unprecedented economic crisis since 2022.

Cash-strapped Zimbabwe aims to cut its debt faster

Cash-strapped Zimbabwe aims to cut its debt faster

Today, 90% of the economy is informal. Zimbabwe's contribution as the nerve centre of the SADC region has been broken

Can developing countries avoid a 'climate debt trap'?

Can developing countries avoid a 'climate debt trap'?

Developing countries want rich nations to take historical responsibility for climate change, as the poorest are piling up debt to face its consequences.