Elie Kaboré, spécialiste des questions minières : « La fausse facturation commerciale fait perdre 288 milliards de dollars chaque année à l’Afrique »
Les Flux financiers illicites (FFI) sont des ressources d’argent dont les origines sont illicites et qui sont déplacées hors des frontières. On retrouve deux composantes dont l’origine illicite qui peut
À propos de la 4ème édition de l’Initiative Média AFRODAD
La Radio de la Paix Interview sur AFROMEDI IV à Abidjan, Côte d’Ivoire – Fidélité Nshimiyimana, Emeline Amangoua, Josephine Baituambo Banduhu Le résumé de l’interview radio en Français Le forum
Le rôle crucial des journalistes dans l’investigation de la dette africaine et la promotion de la transparence financière
La Radio de la Paix interviewe Elie Kabore Le résumé de l’interview radio en Français Une discussion approfondie a eu lieu à la Radio de la Paix entre Eli Kabore,
MÉDIAS/ÉCONOMIE : CAMPAGNE CONTRE LA DETTE AFRICAINE POUR UN DEVELOPPEMENT DURABLE ET INCLUSIF
Le train est en marche pour une campagne efficace sur la dette africaine. Plus d’une cinquantaine de journalistes venus de 35 pays africains ont été outillés cette semaine par AFRODAD
AFROMEDI IV / “Stop the Blending”: Les médias africains s’engagent pour une campagne sur la dette publique
Au terme des travaux de trois jours, le jeudi 21 mars, AFRODAD et les medias africains se lancent dans la campagne contre la dette africaine “Stop the Blending” (Arrêtez la saignée).
What Does Uganda’s Shared Track Among Indebted African States Imply?
AfrikMonde.com (26-03-2024) La quatrième édition de l’Initiative Médiatique Afrodad (Afromedi IV) s’est déroulée du 19 au 21 mars 2024 à Abidjan, Palm Club Hôtel, sur le thème : « Donner aux médias les
Fact-Check: President Barrow’s Govt Increased the National Debt to D110 Billion in Seven Years?
Speaking to members of the press during his 2024 New Year address, President Adama Barrow’s biggest political rival claimed that the National Debt has been increased “to a global figure
Afromedi IV : Des journalistes instruits sur l’impact de la dette en Afrique
AfrikMonde.com (26-03-2024) La quatrième édition de l’Initiative Médiatique Afrodad (Afromedi IV) s’est déroulée du 19 au 21 mars 2024 à Abidjan, Palm Club Hôtel, sur le thème : « Donner aux médias les
Dette de l’Afrique: Une hausse de 374 % en deux décennies
Le Forum et réseau africain sur la dette et le développement (AFRODAD), en partenariat avec l’Union nationale des journalistes de Côte d’Ivoire (UNJCI), a organisé, la IVe édition de l’initiative médiatique
African Journalists Ready to Unleash Campaign Against Rising Debt in Africa
It was an honour and a pleasure representing our beloved country, The Gambia, at AFRODAD’s conference on Africa’s Rising Debt for Journalists across the continent this week at Abidjan. Reporting
Africa loses $80b annually under illicit financial flow – Experts
Financial experts have said African continent loses $80 billion annually under illicit financial flow, noting that there is the need to restructure the global financial architecture. They recommended African Central
Ghana ended 2023 with a public debt of GH¢610bn – BoG
Ghana’s public debt reached GH¢610 billion ($52.4 billion) at the end of 2023, the Bank of Ghana has revealed in its March 2024 Summary of Economic and Financial Data. It
AFRODAD Capacitates African Journalists On Debt Reporting
Abidjan, Côte d’Ivoire – Journalists specialized in finance and economic reporting alongside media and finance experts, convened in Abidjan, Côte d’Ivoire, as part of the AFRODAD Media Initiative. The objective was to
Strategists want financial restructuring as debt distress strangles Africa
African countries are being challenged to strengthen the implementation of measures intended to reduce increasing public debt which is suffocating development programs on the continent…
Africa’s struggle with sovereign debt worrying – expert
A policy analyst and advocacy officer in sovereign debt management, Shem Joshua Otieno, has raised concerns about Africa’s financial challenges amid a persistently austere global economic landscape. He lamented that
Afrique: Afrodad appelle les gouvernements à donner la liberté de s’exprimer sur la dette
A l’issu de la 4éme édition de l’Initiative d’Afrodad pour les médias qui s’est tenu du 19 au 21 mars à Abidjan, des conclusions ont été faites par les journalistes
AFRODAD Grooms Journalists To ShiftFocus On Africa’s Staggering Debts
African nations, including Liberia, are grappling with significant debt burdens, hindering developmental progress across the continent, as highlighted at a workshop of nearly 50 journalists and media professionals convened in
Forum laments restrictive, regressive conditions attached to debt initiatives for African countries
A debt forum taking place in Abidjan has learnt that all major debt initiatives for African countries have restrictive and regressive conditions attached to them, making it difficult for affected
Afromedi IV à Abidjan : Les médias africains s’engagent contre la dette continentale
La quatrième édition de l’initiative Médias Afrodad (Afromedi IV) bat son plein à Abidjan depuis le 19 mars, ce jusqu’au 21 mars prochain, réunissant des journalistes de venus de divers
Quatrième édition de l’Initiative médiatique AFRODAD (AFROMEDI IV) : Repenser la gestion des dettes publiques en Afrique
Abidjan, la capitale economique de la Cote-d’ivoire abrite la quatrième edition de l’Initiative médiatique AFRODAD (Forum et Reseau africain sur la dette et le developpement – AFROMEDI IV) du 19
Plaidoyer de l’Afrodad pour l’implication des médias dans la recherche de solution face à la dette africaine
Responsabiliser les médias pour une campagne efficace sur la dette africaine ». C’est le thème développé lors de la 4ème édition de l’African Forum And Network on Debt and Development (Afrodad) qui
A feminist approach to debt
The debt challenges facing many African countries reside not only in the borrowing but increasingly on the rigidity of the debt architecture and its inability to adjust to the changing
AfCoDD III : Les Etats africains appelés à optimiser la coopération régionale
«L’industrialisation de l’Afrique (même par le biais des entreprises publiques) sur la base des ressources africaines est cruciale pour le développement à long terme de l’Afrique », indique Opa Kapijimpinga,
Zambia’s debt strategy takes centre stage in senegal
The recent spotlight on Zambia’s debt restructuring journey has taken center stage at the third African Conference on Debt and Development (AfCoDD III), currently underway in Senegal. As the conference
Senegal: Calls for Africa to have own credit rating agency made, as conference participants allege bias
Following the continued trend of international credit rating agencies perceiving the African markets to be risky, calls have arisen to establish a Pan African Credit Rating Agency that will be
Forum says Zambia’s debt experiences send lessons to other African countries
The African Forum and Network on Debt and Development (AFRODAD) Executive Director, Jason Braganza, has described Zambia’s debt restructuring experiences an interesting case for other countries in the region. According
Conférence AfCoDD 3 : les flux financiers illicites généreraient 90 milliards $ de pertes annuelles
Selon le directeur exécutif de Trust Africa, Ebrima Fall, le continent africain subit des pertes financières illicites de près de 90 milliards de dollars américains chaque année, soit environ 54
Zambia’s debt restructuring experiences put on spotlight at Senegal conference
Zambia has been used as a case study to determine the efficiency of the G20 common framework in providing debt treatment at the third African Conference on Debt and Development
Des pays africains montrent actuellement des signes de défaut de paiement de leur dette
La troisième Conférence africaine sur la dette et le développement (AfCoDD III) a débuté à Dakar, Sénégal, du 30 août au 1er septembre 2023. De plus en plus de pays
Dettes des pays africains : la résolution des problématiques liées aux notations de crédit, une urgence
Trust Africa et l’African Forum and Network on Debt and Development (AFRODAD) et leurs partenaires ont accueilli à Dakar la troisième édition de la Conférence africaine sur la dette et
Debt Conference Kicks off in Senegal
In a bid to address the intricate challenges that define Africa’s debt landscape, including Zimbabwe’s and its implications for development. The African Forum and Network on Debt and Development (AFRODAD)
AfCoDD III : La viabilité de la dette africaine face à la dépendance et au sous-développement
Alors que l’Afrique est hantée par des crises récurrentes de la dette et la recherche d’une aide extérieure, la présentation de Opa Kapijimpanga, fondateur de l’AFRODAD se penche sur les
AFCODD III: PLAIDOYER POUR UN ORDRE MONDIAL AVEC DES SOLUTIONS AFRICAINES DEVANT ALLÉGER LE FARDEAU DE LA DETTE
« Les 4R pour l’Afrique : le faiseur de règles : Réimaginer, Repenser, Réorganiser et Remobiliser pour un ordre mondial africain ». C’est le thème de la 3e Conférence africaine sur la
African Debt Sustainability in the Face of Dependency and Underdevelopment
As Africa grapples with recurrent debt crises and seeks external assistance, Kapijimpanga’s presentation delves into the pressing questions surrounding Africa’s debt management. His thought-provoking analysis, presented during the ongoing 3rd
Practical solutions to the debt crisis facing Africa
The conference, running from August 30 to September 1, 2023 is themed “The 4Rs for Africa Rule-Maker: Reimagining, Rethinking, Reorganising, and Remobilising for an African World Order.” Director for the
SENEGAL-AFRIQUE-ECONOMIE / Flux financiers illicites : des pertes annuelles estimées à près de 90 milliards de dollars américains en Afrique
Dakar, 30 août (APS) – Le continent africain perd chaque année près de 90 milliards de dollars américains, environ 54.052 milliards 825 millions de francs CFA (selon le cours actuel du dollar), dans
Dakar abrite la troisième édition de la conférence africaine sur la dette et le développement
L’African Forum and Network on Debt and Development (AFRODAD) en collaboration avec Trust Africa organise à Dakar la troisième édition de la Conférence africaine sur la dette et le développement
Sénégal : Dakar abrite la 3e édition de la Conférence africaine sur la dette et le développement
Trust Africa et l’African Forum and Network on Debt and Development (AFRODAD) et leurs partenaires accueilleront la troisième édition de la Conférence africaine sur la dette et le développement (AfCoDD
AfCoDD III, Seeking To Discuss Meaningful Debt Solutions
The pressures of debt repayment amidst declining revenues are forcing African governments to trade off protecting citizens from the vagaries of the pandemic in favour of paying off creditors.
Debt servicing costs rise as continent hit by multiple crises
The combination of multiple crises such as climate change, COVID-19 and Russia’s invasion of Ukraine have led many African countries to struggle with debt sustainability. Between 2010 and 2021, external
The efficiency of the G20 Common Framework in providing debt treatment
“AfCoDD III builds upon the success of its predecessors, setting the stage for an important dialogue that addresses the complexities of Africa’s current debt landscape and the need for a
Dakar set to host conference on Africa’s debt tragedy
“At the start of 2023, the Republic of Ghana became the fourth African (fifth globally) to apply for the G20s Common Framework for debt relief and restructuring. This came about
Session nationale de la Conférence africaine sur la dette et le développement (AfCoDD III) : « le Bénin poursuivra sa stratégie de diversifications de ses sources de financement »
Le Réseau Social Watch Bénin en collaboration avec le Forum africain sur la Dette et le Développement (AFRODAD) a organisé vendredi 04 Août 2023, un atelier préparatoire et d’échanges, en
Africa Censures IMF’s SDRs
Smart24 TV News: The African Forum and Network on Debt and Development, together with Uganda’s debt network has called for robust restructuring of IMF’s Special Drawing Rights. Currently, Uganda’s quota
Developing countries seek fair treatment in debt crisis at Uganda Debt Conference
Developing countries, with some facing debt distress, are clamoring for better treatment by international lenders like the International Monetary Fund as the debt distress mounts. At the Uganda Debt Conference
Malawi’s Heavy Reliance on Foreign Debt Shows Negative Impact on Economic Growth, Study Finds
Conducted by Prof. Betchani Tchereni, T.J. Sekhampu, and R.F. Ndovi from the Malawi Polytechnic and North-West University, the research analysed time series data from 1975 to 2003, suggesting that borrowing
1st Malawi debt crisis conference highlights civil society role
The conference has brought together various stakeholders to discuss the pressing issue of the country’s debt situation and explore the role of non-state actors in addressing the crisis. The opening
Malawi Grapples with Unsustainable Debt and Strategies for Economic Recovery
On July 12, 2023, stakeholders in Malawi gathered virtually for an online debt problem conference to address the pressing issue of the country’s unsustainable debt and explore viable solutions for
Debt Conference in Malawi Shows Political Will to Address Debt Distress-AFRODAD
Speaking to AfricaBrief, Adrian Chikowore, Policy Analyst, International Public and Private Finance at AFRODAD, highlighted the significance of the conference in demonstrating the government’s political will to address the debt
Short-term loans risky for developing countries, debt analyst warns
Economic experts have resounded the warning for developing countries against seeking short-term loans because they carry high-interest rates that many are currently choking on. This comes days after a new report by
Zambia, Creditors finally reach debt treatment deal, paves way for $188 million IMF disbursement
By BUUMBA CHIMBULU Zambia has finally reached an agreement on a comprehensive debt treatment with its Official Creditors under the G20 Common Framework after several years of back and forth. The agreement
Regional govts choking on debt
Friday, June 16, 2023 By Dorothy Nakaweesi What you need to know: The East African governments are once again entering the financial year with huge debt repayment plans, further stifling taxpayers.
La Banque de la République du Burundi émet de nouveaux billets de 5 000 Bif et 10 000 Bif
ByDieudonne Bukuru, La Banque de la République du Burundi (BRB) communique au public le retrait de la circulation, à partir de ce 7 juin, de billets de 10.000 et 5
PARCEM alerte sur la transparence budgétaire
ByDieudonne Bukuru Le gouvernement du Burundi vient de se doter d’une vision éclaireur « Burundi émergent 2040, Burundi développé 2060 ». Pour l’ONG locale « PARCEM », c’est un objectif noble mais qui
La BRB et l’OBR lancent un système ASYCUDA WORLD
By Dieudonne Bukuru Dans l’optique d’apporter des solutions à certains défis observés dans la chaine de validation jusqu’à la mise en consommation des marchandises importées, la Banque de la République du
Burundi : Une augmentation de la dette extérieure de 22 % à fin juillet 2022
By Dieudonne Bukuru Même si le Burundi a augmenté les recettes de 23,4% en 2022 par rapport à l’année 2021, les statistiques de la BRB sur les indicateurs de la
‘Future debt contraction should be tied to payment capacity’
By Enacy Mapakame Business Reporter The government should ensure that debt contraction is tied to repayment capacity and enhances the productive sector, currently hamstrung by an array of complex challenges,
Focus on Africa. Will Africa’s IMF loans pay off?
https://www.bbc.co.uk/sounds/play/p0fqflhf?utm_source=headtopics&utm_medium=news&utm_campaign=2023-05-26
‘IMF prescriptions might be sinking African countries into debt’
By Enacy Mapakame The region needs to be cautious of the advice of the advice and interventions by large international money lenders such as the International Monetary Fund (IMF) as
Oil exploration, Groups want fossil fuel exploration to stop.
Dorcas Igonor Youtube news video. https://www.youtube.com/watch?v=2R8IQKPICDI Read more
‘Debt crippling our economy but…’, Hichilema says Zambia has done enough to earn creditors’ confidence
By BUUMBA CHIMBULU President Hakainde Hichilema has said it was now time for the G20 common framework to decide on Zambia for debt treatment as he is confident that the country
Don’t Blame the cook blame the recipe: International Tax Convention Duplication or Duplicity?
Tuesday’s agenda was loaded with debt debates, and it became clear that the positions on how to deal with the crisis are – to put it mildly – diverse. Some
Beneficial ownership And Financial leakages in the Nigeria extractive industry
https://www.youtube.com/watch?v=03C2j-lTllw
Public debt burden haunts African countries
by Enacy Mapakame For the past decade, several African countries, Zimbabwe included, have been battling public debt with the International Monetary Fund (IMF) this week warning that global debt levels
How Public Debt, Corruption, and Sectoral Performance Impact Malawi’s Economic Growth – Key Findings from Groundbreaking Study
WINSTON MWALE LILONGWE, Malawi-A study, titled “A Nexus Between Public Debt and Economic Growth in Malawi: A Public Sectoral Analysis from 1995 to 2021,” has uncovered key findings on the
Global Debt Levels Surpassing Predictions, China and US Leading Contributors, IMF Warns
WINSTON MWALE WASHINGTON, DC – The International Monetary Fund (IMF) issued a warning on Wednesday that global debt levels are rising at a faster pace than previously estimated, with China and
Afrika yaweza kupunguza kukopa na ikapiga hatua
Tangu nchi za Afrika na nyinginezo duniani zilipopata uhuru kutoka kwa wakoloni miaka ya 1960 na kuendelea, zilijikuta kwenye mzigo wa madeni kutoka kwenye nchi zilezile zilizowatawala. Kwa sehemu kubwa,
Debt: East, West new weapon to colonize Africa
BY ANDUALEM SISAY GESSESSE Accra, Ghana – African countries are at risk of falling once again into debt trap. But this time around the countries in the continent are rushing
Debt: East, West new weapon to colonize Africa
BY ANDUALEM SISAY GESSESSE Accra, Ghana – African countries are at risk of falling once again into debt trap. But this time around the countries in the continent are rushing
Dette publique: en hausse de 18% entre 2021 et 2022
• Elle représente 59,3% de la richesse du Burkina Faso • Contre un seuil fixé à 70% par la CEDEAO • Déficits budgétaires et emprunts onéreux en cause L’encours de
Kenya: Agriculture’s poor performance slowing GDP growth
The agriculture sector has been widely touted as the backbone of Kenya’s economy, but its poor performance is dragging the country’s economic growth.
Feature: ‘Zim’s external debt is unsustainable’
Zimbabwe’s debt stock continues to balloon to unsustainable levels. The remarks were by Zimbabwe Coalition on Debt and Development (Zimcodd) at the conclusion of the 4th edition of the Annual
Should developing nations have a seat at the table when it comes to designing debt relief?
DEBTORS DEMAND NEW RULES As debtor-rights groups from the U.S. to Asia demand relief on what they see as exploitative practices by creditors, the African Forum and Network on Debt
Government takes measures to manage parastatal debt
THERE will be no new debt assumption for State Owned Enterprises (SOEs) unless they produce bankable strategic turnaround plans, Finance and Economic Development Deputy Minister Clemence Chiduwa has said. Deputy
CSOs demand Zim debt audit report for 1980 to date
CIVIL society organisations have urged government to conduct debt audits detailing all borrowed funds since 1980, following the ballooning of the country’s public debt to an estimated US$17,9 billion. This
Govt keen on HIPC as priority debt strategy
The Government is committed to debt resolution and pursuing the options under the Heavily Indebted Poor Countries (HIPC) Initiative as its first choice to expunge the unsustainable liabilities although there
Zim needs to monitor its borrowings
ZIMBABWE needs a debt management strategy that is development-oriented and should pay attention to what it borrows for as well as be clear on the borrowing terms, an economic analyst
Zimbabwe’s Rich Fuel Inequality Through Illicit Financial Flows
A woman poses at the front of a shack settlement in Epworth, outside Zimbabwe’s capital, Harare. Sixteen percent of the country’s 12.5 million people are deemed extremely poor. Credit: Ephraim
The Debt Of Poor Countries
G7 lacks decisive political action to untie the knots of debt crises in the Global South – despite exacerbation by Covid, Russia’s war, and climate change. Deutsche Version hier verfügbar
Kenya lifts 10-year ban on GMO crops
Kenyan President William Ruto’s government has authorised the cultivation and importation of genetically modified crops and animal feeds, bringing an end to a 10-year ban.
AFRODAD urges African states to avoid the debt trap
Faced with the harsh impacts of the COVID -19 pandemic, many African countries were forced to borrow at an unprecedented scale, and this will likely see these countries defaulting on
Can the Ladder of Debt Transparency Be Climbed If the Boosts Stay the Same?
By Toby McIntosh A “ladder of transparency” was described recently by a World Bank official. The ladder has four rungs for countries to climb to reach full transparency about their
Partners congratulate SADC PF on Public Finance Law
LILONGWE – A number of cooperating partners including Civil Society Organisations and United Nations agencies have congratulated the SADC Parliamentary Forum for adopting the SADC Model law on Public Financial
China ‘not to blame’ for African debt crisis, it’s the West: study
African countries owe three times more debt to Western banks, asset managers and oil traders than to China, and are charged double the interest, according to a study released on Monday
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
Debt crunch: Africa is a net creditor to the rest of the world
AFRODAD has been at the fore front in advancing the agenda of Africa the Rule Maker not the Rule Taker. Ismail Musa Ladu a reporter in Uganda, in his interview
IMF proposal: How to make it work for the Global South
TIRIVANGANI MUTAZU IN August 2021, the IMF issued the largest-ever special drawing rights (SDRs) allocation in history – about SDRs 456 billion, the equivalent of US$650 billion. Special Drawing Rights (SDRs)
AFRODAD warns African countries of debt crisis
By Matiisetso Mosala The African Forum and Network on Debt and Development (AFRODAD) have reported that African countries are today borrowing above their earning potential–a situation compounded by the covid-19
New SADC law set to inspire stronger parliamentary committees
By Moses Magadza and Clare Musonda Justice Oagile Key Dingake — a sitting judge of the Supreme and National Courts of Papua New Guinea and Court of Appeal of Seychelles —
SADC Model Law on PFM set to inspire stronger Parliamentary Committees
By Moses Magadza and Clare Musonda A prominent Judge has welcomed calls for independent parliamentary oversight committees as a SADC Model Law on Public Financial Management (PFM) takes shape, but
DRC officially joins the EAC: Why it matters
In what has been described as a historic move, the Democratic Republic of Congo has been officially admitted as the seventh member of the East African Community, making the bloc
Attaining Middle Income Status Amidst Uganda’s Growing Debt
UDN Weekly Newsletter AFROMEDI II was hosted in Ugand, UDN appreciates support by: UDN Membership; DCA; Save the Children in Uganda; OSIEA, Inspectorate of Government; IBP, Trocaire and NDI.
Fed rate hikes will intensify a global debt crisis, research warns
Interest rate hikes from the U.S. Federal Reserve and other central banks are likely to worsen a global debt crisis, particularly for developing countries, according to a new report from U.K.
Debt and extractives nexus: the need to strengthening coordination between and among different actors
Debt and extractives nexus: the need to strengthening coordination between and among different actors There is a link between debt and extractives and this link can be understood through resources backed
Civil Society Organizations Call for Principles for Fair Channeling of Special Drawing Rights
Open Letter to G20 Finance Ministers, Central Bank Governors and the IMF As the pandemic exacerbates multiple crises in developing countries, Special Drawing Rights (SDRs) are a crucial option to
Open letter to G20 Finance Ministers, Central Bank Governors and the IMF: Civil society organizations call for principles for fair channeling of Special Drawing Rights
As the pandemic exacerbates multiple crises in developing countries, Special Drawing Rights (SDRs) are a crucial option to help finance the COVID response and hasten an equitable and inclusive economic
High bank charges frustrate depositors
High charges levied by Zimbabwean banks on both local currency and foreign currency accounts (FCAs) are frustrating depositors, who have since accused the financial institutions of ripping them off at
Open Letter to G20 Finance Ministers, Central Bank Governors and the IMF: Civil Society Organizations Call for Principles for Fair Channeling of Special Drawing Rights
As the pandemic exacerbates multiple crises in developing countries, Special Drawing Rights (SDRs) are a crucial option to help finance the COVID response and hasten an equitable and inclusive economic
High bank charges frustrate depositors
High charges levied by Zimbabwean banks on both local currency and foreign currency accounts (FCAs) are frustrating depositors, who have since accused the financial institutions of ripping them off at
Zimbabwe Bank Charges Too High
INVESTMENT banker and business man Dr Nigel Chanakira says the prevailing banking sector charges are still too high and make the formal banking system expensive in an economy trying to
AFRODAD Bemoans Zim’s Debt Distress Levels
AFRICAN Forum and Network on Debt and Development (AFRODAD) has bemoaned Zimbabwe’s debt distress levels amid calls for stakeholders in similar situations to assist in finding the best to solve
Govt urged to craft land disposal policies for local authorities
Government should craft new policy guidelines for public land auctions for local authorities to enable them to accrue more value from the land and fund other infrastructure development projects within
Zimbabwe Multi-Stakeholder Debt Conference
Harare, Zimbabwe. September 21, 2021. The African Forum on Debt and Development (AFRODAD) is pleased to announce it will be hosting the Third Annual Zimbabwe Multi-Stakeholder Debt Conference at Rainbow
An economic future for whom? The Cascade/MFD and recovery
Moderator: Jennifer del Rosario-Malonzo, Executive Director, IBON InternationalPanelist 1: Maria Jose Romero, Policy and Advocacy Manager, Development Finance, European Network on Debt and DevelopmentPanelist 2: Beverly Longid, Coordinator, International Indigenous
Civil Society Financing for Development Group hosts forum on global economic solutions
The Civil Society Financing for Development (FfD) Group is hosting a Global People’s Assembly Session titled Financing for Development: Global Economic Solutions Now! this 22 September 2021, 13:30-14:45 UTC/GMT (8:30 Lima | 9:30
Radio Interview with Mtaani Radio: Kenya’s Debt ecosystem and its impact on development
Kamadi Amata, A Radio broadcaster at https://mtaaniradio.or.ke/ hosted a radio programme with various Kenyan economists including Jason Braganza, Executive Director AFRODAD discussing the current Kenya’s Debt ecosystem. Discussion Summary: “According
Zimbabwe: ‘Riozim Sengwa Deal Still On Track
THE Industrial and Commercial Bank of China (ICBC) has not pulled out of an agreement to finance the US$3 billion coal-fired power plant RioZim intends to develop in Sengwa, Gokwe
How good has China been to Zim, Africa?
Billions of US dollar investments from China have flown into needy or critical areas of many African countries, Zimbabwe included, after the traditional global funders tightened their purse strings, experts
US$3bn Sengwa deal still alive
The industrial and Commercial Bank of China (ICBC) has not reneged on an agreement to finance the US$3 billion coal fired power plant Zimbabwean firm, RioZim, wants to develop in
Presser on the AFRODAD’s Contribution to the High-level Political Forum on Sustainable Development
On the 12th of July 2021, AFRODAD’s Executive Director, Jason Rosario Braganza spoke at the High-level Political Forum on Sustainable Development hosted by the Economic and Social Council. The session discussed ways public and
AFRODAD Joins Tax justice Campaigners to Pushback G7’s Newly Announced Reforms in the Global Tax System
On the 7th of July 2021, AFRODAD joined various tax justice campaigners who are calling for a pushback of a deal reached by seven wealthy countries to impose a minimum tax on multinational companies because would benefit
AFRODAD and ADIN condemn government’s borrowing without Purpose
By THE ASTUTE INK The African Forum on Network on Debts and Development known by its acronym, AFRODAD and its partner, the African Development Interchange Network, ADIN have organised a
Africa demands a better deal
AFRODAD and 220+ organisations are calling for a new issuance of US$3 trillion. The US$650 billion currently under discussion is too little. A US$3 trillion allocation is required for countries to
AFRODAD and SADC PF held a webinar to discuss SDRs issuance
AFRODAD and SADC PF held a webinar to discuss SDRs issuance as one of financing options to fight Covid 19 and boost economic recovery. Here is the press release of the event
Will SDRs relieve Zim’s debt and the economic pressure?
Now that there is a green light that the SDRs will be allocated, policy makers need to critically analyse and prioritise how to use them. Proceed to the full article.
NTV PANORAMA: Debt surges as COVID-19 pandemic ruins economy
You can also watch the documentary on Debt surges as COVID-19 pandemic ruins economy by Frederic Musisi (NTV) who was present at the briefing in Uganda.
NTV PANORAMA: Debt surges as COVID-19 pandemic ruins economy
You can also watch the documentary on Debt surges as COVID-19 pandemic ruins economy by Frederic Musisi (NTV) who was present at the briefing in Uganda.
‘Go to International Monetary Fund for money’
The Independent, corresponding from Uganda, highlighted that CSOs had cautioned that if SDRs got issued, Uganda government would need to use funds responsibly. The media house was represented during the
Uganda Can’t Do Without Borrowing – Finance Ministry
Samson Muwanguzi, Acting Commissioner, Debt Policy Issuance- Uganda Ministry of Finance, Planning, and Economic Development stated that Uganda cannot apply for debt cancellation because this step would make the country’s
TOP OFFICIAL EXPLAINS WHY M7’S GOV’T CAN NOT STOP DOMESTIC BORROWING
Instead of diminishing on domestic borrowing, the Uganda’s Finance Ministry is working out an outreach program to create more awareness among Ugandans so that many of them embrace the idea
Widening tax base only way to solve Uganda’s growing debt burden- Government official
Nile post, also on the day of the media briefing in Uganda, published an article discussing financing options for Uganda that include strengthening DRM, SDRs and proper utilization of loans. Here is
DEBT BURDEN: “Reduce On Expenditures To Curb On Increasing Debts” – CSOs Urge Government
Still on the 25 March 2021, Shift Media News release an article that highlighted that since Covid 19 pandemic broke, the 10th Ugandan Parliament had passed over 10 loans there
Uganda’s domestic debt breaks 50% of GDP ceiling
On the same day the media briefing was held in Uganda, 25 March 2021, the observer released an article on the debt situation in Uganda and recommended options for economic
SMART24 TV LIVE: SPECIAL DRAWING RIGHTS AND THE DEBT CRISIS WITHIN THE COVID 19 PANDEMIC
AFRODAD in partnership with Seatini Uganda and Uganda Debt Network hosted a media briefing on SDR. The event was live streamed by Smart24 TV and this is the link. We also wrote about
Jason Braganza: Africa’s Debt Further Complicates Recovery
The IMF news reached out to AFRODAD’s ED, Jason Braganza for a podcast interview that was published on 22 March 2021. One of the messages was that member states of
(20) AFRODAD on Twitter: “Did you catch @JasonBraganza1, AFRODAD ED’s interview on Focus on Africa last week on #AfricaDay?
https://twitter.com/afrodad2011?lang=en
Rare IMF relief offers a hope of green recovery to debt-laden nations
On climate news and on debt & climate vulnerability, Mr. Braganza emphasised that this must be the moment to address the power imbalance between rich and poor nations. Also, the voice
Citizens Should be Interested in Public Debt and Demand Transparency
BBC Africa interviewed Senior Policy Analyst on Debt Management on the current debt situation and why citizens, especially the youth, should be interested in public debt issues and demand transparency
IMF Urged To Consider Struggling Sadc Nations For Special Drawing Rights
In the event of new SDR issuance, parliaments would have to up their game in terms of guaranteeing transparency and accountability in how governments used the funds. More to the
VACCINE FREEZERS: Kenya seeks $14 mln to expand COVID19 vaccine storage facilities
Speaking to CTGN Africa, Mr. Jason advised Government of Kenya and others in Africa on how to handle the vaccination roll-up programme and invest in proper planning going forward. The
The problem with PPP deals
Governments should not fall in the PPP trap: Kenya 41 PPP projects in the pipeline, from roads to college hostels and energy plants. They are worth around Sh800 billion. Another
Debt burden weighs heavily on Zimbabwe
Research analysts have predicted that Zimbabwe will struggle to settle its debt this year with arrears weighing heavily on the country which has been in debt distress for years. According
How a string of bad investment decisions dug Kenya neck-deep in debt
Check out How a string of bad investment decisions dug Kenya neck-deep in debt.
Groups urge FG to place embargo on loans
Groups, including Africa Network for Environment and Economic Justice (ANEEJ) and African Forum for Debt and Development, (AFRODAD) and others, have warned the Federal Government against taking new loans. They
Domestic resource mobilisation: Role of civil society
Beaven Dhliwayo Features Writer Following the recent adoption of the Sustainable Development Goals (SDGs), and the commitment of Africa to implement Agenda 2063, which is the continent’s development blueprint, domestic
Croset et Afrodad se préoccupent de la gestion de la dette au Tchad
Le cercle de réflexion et d’orientation sur la soutenabilité de l’économie tchadienne (Croset) en partenariat avec le Forum Africain et réseau sur la dette et le développement (Afrodad) plaident pour