By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily NationDaily NationDaily Nation
  • Home
  • News
    News
    Stay informed with the latest breaking news, in-depth analysis, and exclusive reports from around the world. From politics and global affairs to science, technology, and…
    Show More
    Top News
    BAN CAMPING IN DANGEROUS SPITS – NGWIRA
    January 5, 2022
    HH FRUSTRATED
    July 19, 2021
    Doctors decry falling medical education standards
    April 10, 2024
    Latest News
    Civil society demands probe into Kafwaya death By
    August 22, 2026
    ICC should investigate execution of Kafwaya, says Kalaba
    August 21, 2026
    Crowning Chief Mukuni with Paramountcy can create anarchy, warns Litunga
    August 21, 2026
    Mundubile rejects poll results
    August 19, 2026
  • Business
    Business
    Your go-to source for the latest in business, finance, and the economy. Stay ahead with market trends, corporate insights, and expert analysis on entrepreneurship, investments,…
    Show More
    Top News
    China stock swoon could boost US real estate
    March 6, 2025
    Why homeowners are leaving billions on the table
    March 6, 2025
    Lock in now! Stock sell-off sinks mortgage rates
    March 6, 2025
    Latest News
    2027 budget should prioritise jobs, production, investment – Chisanga
    August 24, 2026
    Tourism expansion can create thousands of jobs – Jito
    August 10, 2026
    From Recovery to Record Growth
    August 10, 2026
    HH directs Mopani, KCM to prioritise youth contracts
    August 5, 2026
  • Court News
    Court NewsShow More
    Shoppers can now pay with their mobile wallet at Zambia’s largest retailer 
    August 3, 2026
    LUSAMBO LOSES BAIL BID AGAIN
    July 26, 2026
    ConCourt petitioned to clarify candidate withdrawals
    July 16, 2026
    Kabesha seeks court clarity on independent candidates
    July 2, 2026
    Court extends Mwamba’s bench warrant
    June 24, 2026
  • Sports
    SportsShow More
    Flying Fish extols FIFA World Cup final experience
    July 28, 2026
    Eam Zambia boxers advance with 3 victories in Glasgow Games
    July 28, 2026
    creation.Copper Queens wind up Algeria camp with friendly
    July 22, 2026
    Bernadette Deka Zulu lands top global position
    July 3, 2026
    Immig FC caps dream debut season with trophy presentation to immigration chief
    July 2, 2026
  • Contact
Search
NEWS
  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate
  • Contact Us
  • Privacy Policy
© 2026 Daily Nation Zambia. All Rights Reserved.
Reading: ‘Suspend interest payments for African Countries’
Share
Sign In
0

No products in the cart.

Notification
Font ResizerAa
Daily NationDaily Nation
0
Font ResizerAa
  • Home
  • News
  • Business
  • Court News
  • Sports
  • Contact
Search
  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate
Sign In Sign In
Follow US
© 2026 Daily Nation Zambia. All Rights Reserved. Developed by GOPES.
📖 Read ePaper
Daily Nation > Blog > Local News > ‘Suspend interest payments for African Countries’
Local News

‘Suspend interest payments for African Countries’

Daily Nation
Last updated: April 8, 2020 9:50 pm
Daily Nation
Share
3 Min Read
Mr. Emmanuel Mwamba
SHARE

By AARON CHIYANZO
THE African Union Bureau of Heads of States has called on creditor nations and multilateral institutions to immediately suspend interest payments for Africa on its external public and private debt to enable countries create fiscal space to respond to the devastating effects of COVID-19 pandemic.
They also called on the World Bank and International Monetary Fund (IMF) to review their current disbursement policies to display flexibility and speed including raising the availability of the IMF special drawing rights (SDR).
The bureau comprises leaders from South Africa, Egypt, Congo DRC, Kenya and Mali.
Zambia’s Ambassador to Ethiopia and Permanent Representative to the African Union, Emmanuel Mwamba stated that the Communique of the leaders of the AU Bureau was issued after they held the latest tele-conferencing meeting on April 3rd 2020 to discuss Africa’s response to the COVID-19 pandemic.
Mr Mwamba said the leaders called for a comprehensive stimulus package for Africa and for concrete support as pledged by the G20 and other international partners.
He said the communique also called for the immediate lifting of sanctions on Zimbabwe and Sudan.
“The communique stated that the Bureau has also created the Ministerial Coordination Committees of the African Union’s Response to COVID-19 on Transport and Finance. This followed the creation of the ministerial one on Health,” said Mr Mwamba.
Mr Mwamba said in the communique, the Bureau called for member states to have equal access to COVID-19 ventilators, test kits, masks and personal protective equipment(PPE) and vaccines when available.
He said the leaders expressed satisfaction that the African Union COVID-19 Response Fund established on March 26 2020 had already raised seed funds amounting to US$17million and thanked China for its support.
The tele-conferencing meeting was attended by President Cyril Ramaphosa (Chairperson of the African Union), President Abdel Fattah al Sisi (Arab Republic of Egypt), President Ibrahim Keita(Mali), President Uhuru Kenyatta (Kenya) and President Felix Tshisekedi (DRC).
Others included: President Paul Kagame( Rwanda), Prime Minister Abiy Ahmed,(Ethiopia), President Macky Sall (Senegal), President Emerson Munangagwa (Zimbabwe) and President Emmanuel Macron (France).
The Bureau also received special reports from Dr. Tedros Adhanom Ghebreyesus, (Director WHO) and Dr. John Nkengason g(Director- African Center for Disease Control and Prevention CDC).
The leaders also thanked the Jack Ma Foundation, the World Food Programme (WFP), CDC and Prime Minister Abiy for delivering one million diagnostic test kits, six million masks, and personal protective kits to all African Union member states.
This is according to a statement issued by first secretary press and tourism at the Zambian embassy in Ethiopia, Inutu Mwanza.

You Might Also Like

ECL not coming back

DON’T ABANDON FISP, NORTH PF URGES GOV’T

HH BREACHED LAW OVER SIANDENGE APPOINTMENT, SAYS TEMBO

Cutting off middlemen in agriculture input supply, a plus, says Sinkamba

KANYAMA FRACAS

TAGGED:African UnionEmmanuel MwambaWorld Bank

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Previous Article Chinese firm wins accolades over concrete road
Next Article Victoria Hospital wants association’s injunction rejected

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
56.4kFollowersFollow
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

Chifumu, Bonaventure rubbish US750, 000 lies
Local News Premium
August 24, 2026
Katele Kalumba denies coup plot accusations 
Community Local News Politics Premium
August 24, 2026
Chifumu, Bonaventure rubbish US750, 000 lies
Local News Premium
August 24, 2026
Let’s not lose hope, struggle for justice should continue – Nyasulu
Local News Premium
August 24, 2026
//

We influence over 2 million readers and are the most preferred news platform in Zambia.

Quick Links

  • Politics
  • Court News
  • Health
  • Millennium TV

Top Categories

  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Daily NationDaily Nation
Follow US
© 2026 Daily Nation Zambia. All Rights Reserved. Developed by GOPES.
  • Contact Us
  • Privacy Policy
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?