Guinea-Bissau

The African Development Bank has agreed to write off Guinea-Bissau’s debt worth USD60.4 million. The nation may also see an additional USD23.7 million of its debt cancelled on an exceptional basis under the Heavily Indebted Poor Countries Initiative, according to a Jan. 27 AfDB release.

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.