French President Emmanuel Macron (L) shakes hands to greet Zambia's President Hakainde Hichilema upon arrival for an official dinner at the Elysee Palace, on the sidelines of the New Global Financial Pact Summit, in Paris, France on June 22, 2023. PHOTO | AF
Zambia's lenders, including major creditor China, have agreed to restructure the country's public debt, officials said Thursday, providing financial relief to the first African nation to default after the Covid pandemic.
In a tweet, Zambian President Hakainde Hichilema said the country had "reached an agreement on a debt treatment with our official creditors", calling it a "significant milestone in our journey towards economic recovery (and) growth".
