Uganda Debt Network hosted a conference whose theme was: "Financing Alternatives for infrastructure (roads) and Universal Healthcare beyond Borrowing" from the 11 to 13 of September 2019  in Entebbe, Uganda. The main objective was to discuss and map a way for generating sustainable solutions for African countries to finance health and road infrastructure, given the rareness of external development assistance. AFRODAD as one of the leading invited pan-African high-level organisations from various countries, Uganda, South Sudan, Ethiopia, Tanzania, Kenya, and Rwanda. There is a tendency by African countries to borrow when there is a gap in financing for development without exploring other funding sources. AFRODAD urged the need for Governments to scale borrowing down and focus on adequately mobilizing and utilizing the domestic revenue coffers available. Developing Innovative mechanisms such as remittances, savings from the curtailment of illicit financial flows (IFFs), diaspora funds, better negotiated mineral contracts and the expansion of Africa's fiscal space are alternative sources of funding for Africa's Health sector and infrastructural development.  AFRODAD lobbied for the curtailment of illicit financial flows and improvement in resource management capacity through the elimination of corruption in government revenues. In the context of project financing, African governments have a responsibility to conduct a thorough ex -ante investigation (before any project is implemented) into the financial, operational, civil, social, cultural and environmental implications of the project and its funding. Results of the project evaluation studies should be made public. The conference was a great platform for AFRODAD to advocate for prudent debt management among the government officials present.

VISION

A prosperous Africa based on an equitable and sustainable development.

MISSION

To contribute to Africa’s inclusive economic growth and sustainable development through influencing policy change on debt management and development finance anchored on rights based approaches.

STRATEGIC GOAL

To influence African Governments to institute and implement policies and practices for sustainable development and eradication of poverty.

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IN A NUTSHELL

AFRODAD's work puts people first! As such we are contributing to building an Africa in which governments will strongly play their sovereign role to protect, provide and invest in and for their citizens:

  1. Governments must borrow responsibly so that they do not compromise the wellbeing of citizens and prosterity.
  2. Governments must place domestic resource mobilisation at the center of financing sustainable development goals.
  3. Principles for effective development should be adhered to by both lenders and developing countries.

 

OUR VALUES

  1. Accountability and Transparency: AFRODAD is transparent and accountable in its operations and work, and in the ways of obtaining and use of resources.
  2. Diligence: AFRODAD is guided by industriousness and hard work in its conduct, and shall persevere in its pursuit of a prosperous Africa.
  3. Gender Sensitivity: AFRODAD provides equal opportunities to both male and female, and where necessary shall take deliberate steps to promote the interest of women in order to realize an equal socio-economic status with men in society.
  4. Impartiality: AFRODAD  conducts its work with objectivity, neutrality, impartiality, fairness and factual accuracy, detachment from personal views, and in a balanced manner without bias.

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