Africa Must Turn Its Wealth Into Bargaining Power to Rewrite Global Debt Rules — Experts

Africa Must Turn Its Wealth Into Bargaining Power to Rewrite Global Debt Rules — Experts

AFRICA’S DEBT DILEMMA: EXPERTS CALL FOR BARGAINING POWER

African experts at the AfCoDD VI in Nairobi urge the continent to transform its wealth into negotiating power to reshape global debt rules. They highlight that Africa’s debt burden is worsened by illicit financial flows, poor returns from resources, and data gaps. The African Union backs this with its Common African Position on Debt, aiming to strengthen collective negotiations against systemic issues.

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