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    • Zambia Completes External Debt Buyback Worth $1.36 Billion

    Africa Headline

    Zambia Completes External Debt Buyback Worth $1.36 Billion

    Zambia 🇿🇲 has successfully executed the world’s first $1.36 billion debt-for-development swap. The country repurchased its $1.365 billion Eurobond maturing in 2053, with 97.85% of investors approving the deal. The African Development Bank is extending a $600 million concessional loan…

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