
The $6 billion debt deal praised as “historic” by Zambian President Hichilema
As the outlines of a deal to help Zambia get out of its debt crisis have been revealed, President Hakainde Hichilema can finally exhale with relief. In 2020, the copper-rich nation turned into the main African country to default on its obligation installments during the Coronavirus pandemic. It was burdened by loans and high interest…