EXCLUSIVE: China Eximbank is leading China's team to renegotiate nearly $6 billion of loans that Zambia owes to Chinese state-owned creditors, Zambia's finance ministry said today.
Story from & me
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Rachel Savage
@rachelmsavage
Africa Senior Markets Correspondent | Past: LGBT+ news , Lagos & Nairobi | Journalist of the Year 2021 
Rachel Savage’s Tweets
Andrew Maganga regrets working as a #fifaWorldCup security guard in #Qatar
At the tournament final, he and 200+ other guards were fired
They spoke out, demanding $740 monthly wage for all 6 mos. contracted
But #Qatar forbids organising and strikes 1/5
reuters.com/sports/jailed-
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Credit Suisse has bought $1.6 billion of Ecuador's bonds at a deep discount, with the savings to be used for conserving the Galapagos Islands. It is set to be the biggest ever debt-for-nature swap.
Story by &
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The UK needs a wake-up call.
88% of trans young people have had suicidal thoughts, our new research found.
Transphobia has become entrenched online, in our media & political landscape.
We must show trans young ppl a positive way forward
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NEW:
Clarence Thomas Had a Child in Private School. Harlan Crow Paid the Tuition.
The price tag could have exceeded $150,000.
propublica.org/article/claren
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Chilling account of the Kenyan starvation cult by .
After the leader was released on bail in mid-March, he brought forward the date of the end of the world from August to April 15 & ordered followers to starve themselves - their children first
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“What remains unclear is why the flight’s routing on the Flight Radar 24 application is clearly visible in all the countries where it landed, but not to and from the Waterkloof Air Force Base.”
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"..rigid existential fact that those at war are keen to keep going.." Hard truths from just back from Port #Sudan where he called rival leaders urging them to meet him face-to-face for urgent talks on guaranteeing aid deliveries. @BBCrtoday
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Yousra and her team's reporting has been brave, sensitive, nuanced - all the things needed in the heat of a conflict
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We have just left Sudan after our last report from the capital.
It's been an insane, painful, educational and inspiring trip from Djibouti to Jeddah to Port Sudan to Omdurman.
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Suriname government just confirmed our scoop earlier with on debt restructuring.
First via
👇🏽👇🏽👇🏽
reuters.com/markets/surina
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#Scoop with @rodrigocampos via @Reuters
Suriname 
reached a deal to restructure nearly $600m of overseas debt with bondholders, per sources.
The two bonds maturing on 2023 and 2026 will be rolled into a new 10-year amortizing bond.
reached a deal to restructure nearly $600m of overseas debt with bondholders, per sources.
The two bonds maturing on 2023 and 2026 will be rolled into a new 10-year amortizing bond.Show this thread
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The law has kept:
- Death penalty for "aggravated homosexuality", including gay sex while HIV+
- 20 years for promoting homosexuality
Changed:
- Requirement to report same-sex activity to only when a child is involved
- Stipulated that just identifying as LGBTQ isn't a crime
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Uganda parliament passes mostly unchanged version of anti-LGBTQ bill reuters.com/world/africa/u
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'There’s no suggestion that President-elect Bola Tinubu was personally involved in the acquisition of the UK property in 2017. Current President Muhammadu Buhari visited him there in August 2021, nearly four years after the purchase took place'
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"It costs 20 roubles per page to write to my best friend, 65 for the envelope, 75 more so he has the option to reply."
Incredibly moving piece by on her best friend Evan Gershkovich, who has now been in prison in Russia for a month
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"I've got to be a part of whatever the rebellion is that tries to change all this," he told the New York Times in 2001.
"The anger is a necessary fuel. Rebellion is healthy."
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Harry Belafonte, a singer, songwriter and groundbreaking actor who started his entertainment career belting 'Day O' in his 1950s hit song 'Banana Boat' before turning to political activism, has died at the age of 96 reut.rs/40EbxHu
Growing up, no one ever taught me that my home town in Andalusia hosted one of the two prisons the Francoist dictatorship used to jail queer men and trans women.
I’m happy I have the privilege to tell this story for ’s TikTok channel:
👉 vm.tiktok.com/ZGJmbELaV/
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'They're leaving entire lives behind'
A rescue effort is underway in war-torn Sudan. Sky correspondent is in Djibouti, where planes transporting foreign nationals out of Khartoum continue to land.
trib.al/JBVeVUP
📺 Sky 501 and YouTube
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It was a privilege to speak to Ugandan photographer & LGBTQ activist Papa De
about the dangers facing them and their community
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Ugandan non-binary photographer Papa De Kwagala is trapped in South Africa and their visa expires next month.
"There's a lot of stories that I wanted to tell...so it really hurts me that I can't go back."
My interview w/ Catherine Schenk,
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Zambia's official creditors are expected to sign a debt relief memorandum of understanding in May, sources told Reuters.
"There was progress and the next meeting is in two or three weeks time and MOU is expected..."
Story by Chris Mfula
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Two more women shared their stories of forced abortions while in Nigerian Army custody. Their accounts are similar to those of more than 30 others who previously told the military forced them to have abortions reut.rs/41igMhe
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I actually received a letter from Evan a few days ago. Suffice to say he remained concerned for welfare of his friends - even as he lives through this nightmare. A model of dignity.
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Hard not to be moved by the images of Evan in court today. He is a good man being abused by a country that should know better.
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Spoke too soon. Can now hear the sound of heavy artillery around the vicinity of the general command.
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First morning in four days with no sounds of heavy artillery in the central part of Khartoum, the result of SAF air strikes on Monday. Fighting overnight and this morning seems to be focused on Khartoum North where RSF has a lot of camps.
#Sudan
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I asked Army Chief Al-Burhan about IGAD-led mediation delegation via South Sudan, Kenya and Djibouti Presidents and he said "the current climate does not allow for their presence."
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IGAD Mediation: South Sudan President Salva Kiir and Ethiopian PM Abiy has spoken to Army head Al-Burhan & RSF head Hemedti. Kenyan President Ruto & Ugandan President Museveni have spoken to Al-Burhan.
All have called for de-escalation of violence.
Briefing due later today..
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Ordinary Zambians are struggling, as the debt restructuring drags on, with the volatile FX rate often blamed.
"The dollar is killing us," said one trader, who sells 2-3 blankets per month compared to 15 last year.
My story with Chris Mfula
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At least 97 people have been killed and hundreds wounded as clashes spread across Sudan, and the World Health Organization (WHO) warns that some hospitals are running out of critical supplies to treat the injured
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At least 59 civilians have been killed in Sudan, as Sudan's military pounds RSF bases with air strikes
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"I am not losing hope," Evan Gershkovich says in a letter to his parents from prison
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Highlight of my week was putting together this story about pensioners from Soweto who are learning to swim for the first time in their lives. They were so cute and seeing them overcome their fear of the water was so heartwarming.
Video produced by me 🏊🏽♀️🏊🏽♀️
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I adore this story about a lifeguard teaching older South African women in Soweto how to swim. Gorgeous photos, with reporting also from &
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"I got into journalism because I loved it and I thought I could change the world. I still think that."
"I'll probably laugh at myself when I look back at this video when I am 40... But yeah, I think it's better to go down fighting."
💔 Lyra McKee remains such an inspiration
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Four years after the murder of Journalist Lyra McKee in Derry, Northern Ireland, her family and loved ones speak to @Channel4 in an exclusive documentary about their ongoing fight for justice and their effort to carry her legacy. #C4Lyra
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"Having some more progress on the debt restructuring talks with China would really help"
"We had basically moved forward on the program on the basis that they were... not paying the debt to China" - IMF official
& story
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Angola's next sovereign debt issuance will be an ESG bond of up to $1 billion - but not this year, finance minister Vera Daves de Sousa told & in an exclusive interview
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"I guess I am going to be in trouble a lot because I am not going to stop."
Ugandan LGBTQ activist is not going to stop fighting against a new bill that would ban even identifying as lesbian, gay, bi or trans
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#Exclusive via @Reuters : Ethiopia seeking $2 billion under IMF program, sources say
Story from IMF-WB spring meetings in Washington
reuters.com/world/africa/e
No China, no deal! Bid to break sovereign debt logjams gets weary thumbs up reuters.com/world/no-china by and me
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And for those of you interested in how Chinese loans were contracted in African countries, this is what Felix Mutati, who was Zambia's finance minister from 2016-18, had to say
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Zambia is planning to finish tests that simulate real-world cryptocurrency usage by the end of June to help it regulate crypto, science & technology minister Felix Mutati told Chris Mfula
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Kenya expects at least $1.2 bln of inflows between April and May and is in talks for new IMF funding Kenya's central bank governor told & in an exclusive interview.
He said the govt is "quite relaxed about" its $2 bln 2024 Eurobond
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It has been two weeks since our friend and colleague, Evan Gershkovich, was wrongfully detained by Russia for simply doing his job. We stand with Evan and his family in demanding his immediate release. #IStandWithEvan
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ScotGov is going to challenge the UK government's section 35 veto of Holyrood's gender reforms - "the use of the power on this occasion should be legally tested in the courts"
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