{"id":200138,"date":"2025-06-15T01:12:06","date_gmt":"2025-06-14T23:12:06","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/zambia\/ghana-and-zambia-have-snubbed-africas-leading-development-bank-why-they-should-change-course\/"},"modified":"2025-06-15T01:12:06","modified_gmt":"2025-06-14T23:12:06","slug":"ghana-and-zambia-have-snubbed-africas-leading-development-bank-why-they-should-change-course","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/zambia\/ghana-and-zambia-have-snubbed-africas-leading-development-bank-why-they-should-change-course\/","title":{"rendered":"Ghana and Zambia Have Snubbed Africa&#8217;s Leading Development Bank &#8211; Why They Should Change Course"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"40\">The governments of <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/africa\/afreximbank-tells-investors-ghana-up-date-loans-risking-creditors-ire-2025-05-29\/\" rel=\"noopener\">Ghana<\/a> and <a target=\"_blank\" href=\"https:\/\/clubofmozambique.com\/news\/zambia-says-afreximbank-loan-is-commercial-and-will-be-restructured-284228\/\" rel=\"noopener\">Zambia<\/a> recently took a decision that could have serious consequences for other African countries. The decision relates to arrangements on how the two countries will repay the debt they owe to Africa Export-Import Bank (Afreximbank).<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"50\">They have both taken decisions to relegate Afreximbank to a commercial lender from a preferred creditor. This means that the terms on which Afreximbank has lent money to these two countries will change. And it will lose certain protections&#8230;.<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202506120012.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 Southern Africa <a title=\"Zambia\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/southern-africa\/zambia\/\">Zambia<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The governments of Ghana and Zambia recently took a decision that could have serious consequences for other African countries. The decision relates to arrangements on how the two countries will repay the debt they owe to Africa Export-Import Bank (Afreximbank). They have both taken decisions to relegate Afreximbank to a commercial lender from a preferred [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":200139,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[825],"tags":[258,256,6287,7089,7796,5989,4508,6301,257,9833,254,4709,881],"class_list":["post-200138","post","type-post","status-publish","format-standard","has-post-thumbnail","category-zambia","tag-africa","tag-africa-news","tag-africas","tag-bank","tag-change","tag-development","tag-ghana","tag-leading","tag-news","tag-snubbed","tag-south-africa-today","tag-zambia","tag-zambia-news"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/200138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=200138"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/200138\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/200139"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=200138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=200138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=200138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}