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Latest News

AFRODAD Civil Society Policy Forum sessions – Friday 19th April 2024

1st Session – Rebalancing Public Finance for Justice and Equity: African Perspectives on IDA21  In the context of the IDA21 replenishment cycle, speakers from African civil society will outline the

AFRODAD Coordinates with other Civil Society Organisations to Call for Debt Justice in a Collective statement to the African Union

AFRODAD took a lead in drafting the debt justice section of the statement from members of the African Movement Building Space to the African Union, titled “We demand”: A Collective Statement

Jason Braganza, AFRODAD’s Executive Director, upon invite by the UK House of Commons International Development Committee, gave evidence on Africa’s debt on 20th February 2024.

The invitation by the UK House of Commons to AFRODAD to give evidence on Africa’s debt is a testament that AFRODAD is a credible voice on behalf of the continent,

Southern-Led CSO Global Meeting on Debt

The current debt context is dominated by a rising trend in its burden on the economies of southern countries, with an ever-growing list of countries defaulting or facing high debt

Experts Reveal Alternative Innovative financing models to minimize public debt.

Uganda Debt Network (UDN) in partnership with African Forum & Network on Debt and Development (AFRODAD) convened various experts in the Uganda Conference on Debt Management as input to the

CSO Intervention at Debt Session- ECOSOC

12:00–13:00: Panel discussion 4: Fostering debt sustainability by addressing gaps in the sovereign debt architecture. This session held on the 18th of April 2023, during the United Nations Economic and

AFRODAD warns African countries will drown deeper in debt if the climate finance architecture is not reformed.

Two AFRODAD analyses on the Political Economy of Climate Finance and Fossil Finance in Africa point out that the dominant narrative in climate  finance  is  that  Africa  is  a  grant  recipient  focused on  resilience 

AFRODAD Contributed to the Least Developed Countries Conference in Doha, Qatar

Civil Society Organisations (CSOs) including the African Forum and Network on Debt and Development (AFRODAD), World leaders and the private sector gathered for the Least Developed Countries (LDC5) Conference in

36th Ordinary Session of The AU Assembly (Heads of State and Government Session)

The AU theme for the year 2023, “Accelerating the implementation of AfCFTA” REFLECTION WEBINAR 22nd February 2023 at 09:00 GMT LINK: https://us02web.zoom.us/webinar/register/WN_SLvjwNfySmGKaTl6IcN-7Q Dealing with Fiscal Constraints amid Increasing Indebtedness in

Open Letter to G20 Finance Ministers, Central Bank Governors and the IMF: Civil Society Organizations Call for Issuance of More SDRs and Fairer Distribution

Sixteen civil society organisations have sent an open letter to G20 Finance Ministers, Central Bank Governors and the IMF calling for a new issuance of Special Drawing Rights along with mechanisms

Behind the much-anticipated debt restructuring

Last week, the UN Secretary-General, António Guterres made an important remark on debt restructuring. He reminded G20 countries the urgency to reform the international debt architecture, emphasizing on the need for

African governments owe 3 times more to private lenders than to China

AFRICAN GOVERNMENTS OWE THREE TIMES MORE DEBT to Western banks, asset managers and oil traders than to China, and are charged double the interest, according to research released by Debt

West must force private lenders to ease Africa’s crippling debt, say campaigners

Western governments should “compel” private lenders to ease loan repayments from low-income countries to tackle a debt crisis, according to campaigners. Debt Justice, formerly the Jubilee Debt Campaign, said African

Partners meeting on Public Debt Management: Zimbabwe Chapter

AFRODAD hosted a Partners Meeting on public debt management in Harare, Zimbabwe on the 5th of May 2022, which was attended by approximately 30 participants from civil society, government and

MPs Training, Dodoma Tanzania

Introduction Tanzania Coalition on Debt and Development (TCDD) in collaboration with AFRODAD h conducted a Parliamentary training on Strengthening Parliamentary oversight in Public Debt Management in the Covid-19 context in

Harare Declaration 2021: A New Debt Movement to make Africa Rule Maker not Rule Take

Dear Comrades, We are sharing with you the Harare Declaration which was agreed upon by citizens of Africa from all walks of life, background, religion, gender, nationalities during the inaugural

Africa’s Special Drawing Rights Allocations: Between Use, Efficiency and<br>Effectiveness

By Theophilus Yungong Jong, Head of Programme- AFRODADMonday August 23, 2021 saw the coming into effect of the largest IMF Special Drawing Rights (SDRs)allocation in history in the midst of

COVID-19 Debt Vulnerabilities – Opportunity to Reform Debt Restructuring Mechanisms

The outbreak of the COVID-19 brought about long damaging health, economic and social impacts across the globe. While the entire world is still grappling with lockdowns and vaccinations wars, the international community,

Civil Society Organisations urged to engage Africa’s Financial Institutions for Better Local Development Impacts

Is there much to profit from a potential synergy between Africa’s financial institution’s mission and intervention areas of the CSOs?  Civil Society Organisations (CSOs) in Africa are increasingly being seen not only as advocates or

Adopting FACTI Recommendations as a Tool to Strengthen Efforts to Address Illicit Financial Flows from Africa

In the middle of Covid-19 pandemic, Africa is facing a debt crisis which has further been worsened by Illicit Financial Flows (IFFs). IFFs continues to weaken domestic resources mobilisation and

Media Training on Debt Management and Launch of the Borrowing Charter in Tanzania

Theme: Partnering with Media in Debt Management for Sustainable and Inclusive Development in Africa Introduction The African Forum and Network on Debt and Development (AFRODAD) is a pan African platform and organisation

Media Training and Launch of The African Borrowing Charter in Rwanda

The African Forum and Network on Debt and Development (AFRODAD) is a pan African platform and organization for lobbying and advocating for debt cancellation and addressing other debt related issues

Doing Business Report Campaign- Doing Rights Not Rankings

#RightsNotrankings Under the DOING RIGHTS NOT RANKINGS #RIGHTSNOTRANKINGS banner, AFRODAD is calling for expressions of interest from African CSOs, trade unions, think tanks, private sector, influencers to join the campaign and build

Call To African Countries To Stand United And To Be Proactive In Calling For National, Regional, And Global Action On Financing For Development

To demand for a broad debt cancellation, AFRODAD collaborated with ActionAid International and other Pan-African and international CSOs WACSOF, EACSOF, SADC-CNGO, WACSI, TRUST AFRICA, OXFAM, CIVICUS, AFRICAN RISING and ANCEFA

Message to the African Ministers of Finance, Planning and Economic Development On Mounting Sovereign Debt of African Countries 8/3/2021

The African Civil Society Forum on Sovereign Debt organized by the African Sovereign Debt Justice Network (AfSDJN), African Forum and Network on Debt and Development (AFRODAD) and the Friedrich Ebert

The Current Public Debt Situation and its negative Effects on People cannot be Ignored!

Amid falling prices of raw materials, recession, and now COVID-19, Africa is in serious trouble as debt burden grows. According to World Bank data, 18 countries are at high risk

The voice of African governments has to be included “as an equal player and a decision-maker rather than a decision-taker

More than half of developing countries are estimated to be in debt distress, with interest payments accounting for at least a quarter of governments’ tax revenues in 2020 and raising

Terms of Reference: “Linking Illicit Financial Flows to Social protection”

With the support of Act Alliance, AFRODAD will conduct a study that will analyse the link between illicit financial flows (IFFs) and social protection. Emblematic cases to show this link