Harnessing Natural Resources for Sustainable Development: Governance and Domestic Resource Mobilisation in Africa’s Resource-Backed Loans

Event Details

AFRODAD's paper on Resource-Backed Loans (RBLs)5 offers a comprehensive analysis of the challenges and risks associated with these financial instruments in countries like Chad and South Sudan. Given the growing reliance on Resource-Backed Loans (RBLs) across Africa, there is an urgent need for greater transparency, robust governance frameworks, and informed negotiation practices to mitigate the risks of unsustainable debt and resource loss.

This webinar is crucial for several reasons:

It aims to raise awareness among policymakers and citizens about the long-term financial risks associated with RBLs.
It will advocate for greater transparency in RBL deals and encourage stakeholders to demand public oversight.
It will generate policy recommendations to guide African governments in negotiating more equitable RBL deals.
It will facilitate cross-country learning by analyzing case studies from countries like Tanzania, Mozambique and Zambia.

Furthermore, this webinar seeks to promote a deeper understanding of the legislative frameworks and governance challenges surrounding Resource-Backed Loans in African countries. Aligned with AFRODAD’s mission to advocate for sustainable and accountable public debt management in Africa and ensuring that RBLs contribute positively to African economies without exacerbating debt crises.

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