GOVERNMENT and AVIC International have signed an amendment agreement on debt restructuring relating to the financing contracted for the Lusaka Urban Roads Programme under the L400 phase two and phase three projects. According to a statement released by the Ministry of Finance and National Planning, Thursday, the step formed part of Zambia’s ongoing external debt restructuring process under the G20 Common Framework for Debt Treatment. The Ministry said that the agreement reflected government’s commitment to orderly, transparent, and good-faith engagement with its external creditors. “The Government of the Republic of Zambia and AVIC International Project Engineering Company (“AVIC International”) signed an Amendment Agreement on January 13, 2026, relating to financing contracted for the Lusaka Urban Roads Programme under the L400...