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Five things to know about Zambia
Five things to know about Zambia
Business and Economy
by  AFP

Copper-rich Zambia, the first African country to default on its debt during the Covid pandemic, on Thursday secured a deal from creditors to restructure its debt at a global finance summit in Paris. - Crippled by debt - In 2020, Zambia became the first country in Africa to default on its foreign debt since the start of the Covid-19 pandemic.

Church of England dumps all oil and gas investments
Church of England dumps all oil and gas investments
Business and Economy
by  AFP

Campaigners on Thursday hailed a move by the Church of England to exclude all oil and gas majors from its investment portfolio because of climate concerns. "With the 2021 exclusions and those announced today, the Church Commissioners (for England) will have excluded all oil and gas majors," it said.