SPECIAL REPORT: CONFUSION OVER DEBT RELIEF AS PRIVATE CREDITORS REJECT MORATORIUM

SPECIAL REPORT: CONFUSION OVER DEBT RELIEF AS PRIVATE CREDITORS REJECT MORATORIUM

   Mon, 18 May 2020

The G-20 and Paris Club moratorium on loan servicing faces rejection by many African governments that seek more extensive debt relief measures. Meanwhile, private creditors warn that the G-20 proposal risks unnecessary costs and will thwart future access to capital. EXX Africa explains which countries are eligible for debt relief and highlights the examples of Nigeria and Kenya to demonstrate that the one-size-fits-all approach may not be effective in avoiding defaults.