African Export-Import Bank is pursuing arbitration against Zambia in a dispute over debt relief, according to people familiar with the matter, a move that may set a precedent for other nations seeking to restructure loans they can’t afford.
Felix Nkulukusa , Zambia’s secretary to the treasury, told investors about the development at a meeting in London last week, according to two people who attended the gathering who asked not to be identified as the discussions were private. Asked for comment, he referred Bloomberg to the nation’s attorney general on the grounds that it was a legal matter. The attorney general didn’t respond to requests for comment.
Current refi mortgage rates report for Sept. 26, 2025
