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Zambia secures landmark $1.36 billion debt Deal to boost power infrastructure

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Zambia has reached a major milestone in its economic recovery, securing enough investor support to proceed with a landmark $1.36 billion bond buyback that will unlock an estimated $275 million for critical power infrastructure projects.

The innovative debt-for-development deal, backed by the African Development Bank, allows the country to reduce its borrowing costs while redirecting debt savings into expanding electricity access and strengthening the national grid.

 To get a reaction to this development we are joined by a Economist and energy expert Kelvin Chisanga.

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