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 Foundation – AU Cooperation Office on 8th March 2021 in advance of the Conference of African Ministers of Finance, Planning and Economic Development (17-23 March 2021) noted with grave concern the mounting sovereign debt of African countries. The African Finance Ministers Conference takes place under the theme “Africa’s Sustainable Industrialisation and Diversification in the Digital Era in the Context of COVID-19”, but against the backdrop of a continent whose development progress and economic stability stand precariously at the edge of severe regression.
Read the full statement here.
