The Borrowing Charter aims at sustainably balancing public debt levels with the necessity to accelerate inclusive development and enhancing public service delivery in Africa.

More specifically, the Borrowing Charter aims at contributing to improvements in the transparency of the political, institutional and administrative processes used; and the accountability of the State actors involved in the contraction and management of public debt; the issuance of public guarantees; the selection and implementation of debt financed projects; and the formulation and execution of overall fiscal policy within the context of strengthened legal frameworks and the rule of law. All the actions and expected commitments set out in the charter are in pursuit of the African shared vision of Agenda 2063: The Africa We Want which AFRODAD envisions as a prosperous Africa based on inclusive growth and sustainable development.