AFRODAD

Save the date! 🗓️ The 6th edition of the African Conference on Debt and Development (#AfCoDDVI) is officially on the horizon!📢 Theme: From Fragmentation to Influence: Advancing the Common African Position on Debt. 📍 Location: Nairobi, Kenya 🗓️ Date: 26-28, August 2026 we’re intensifying the fight for economic justice and African-led alternatives. We are shaping the Africa we want! Registration coming soon! #AfCoDDVI #AfricaRuleMaker #AfricaEconomicJustice #StopTheBleeding

Women and the majority of workers pay the price of austerity. The Maputo Manifesto & the Harare Declaration demand a debt governance system that puts ALL African people first. Read more: rb.gy/qkxo8y #AfricaEconomicJustice #FeministDebtJustice

Africa Has a Position- the World Must Listen! The Maputo Manifesto & the Common African Position (CAP) on debt represent the collective resolve of African nations for genuine reform of the global debt architecture. The current system dominated by the IMF, G7, Paris Club, and rich-country creditors has repeatedly failed debtor nations, deferring crises instead of resolving them. #AfricaEconomicJustice #cap Read more: tinyurl.com/yey8pf86

📍 AFRODAD is in Dakar - Day 2! As a partner of the International Conference on Senegal's Debt Crisis, AFRODAD is represented by @CMithia, Policy & Advocacy, Sovereign Debt Management Officer pushing for bold, progressive alternatives to austerity and demanding a financial system that truly works for Africa. AFRODAD continues to advocate for: 🔹 Progressive alternatives to IMF austerity 🔹 A UN-led sovereign debt framework 🔹 African agency in global financial governance. The continent's future is being debated. AFRODAD is making sure Africa's voice is heard. 💪 #AfricaRuleMaker #AfricaEconomicJustice

AFRODAD is in Dakar and leading the conversation! While chairing a session at the International Conference on Senegal's Debt Crisis, AFRODAD’s Interim Executive Director, @Yungong_tj, stated that "The global financial system is rigged in favour of creditors over borrowers. Africa must speak with one voice to change it. This conference is exactly that moment." With world-renowned economists, policymakers, and civil society voices gathered from across the globe, AFRODAD is advocating for: 🔹 Debt cancellation where debts are illegal, odious, or unsustainable 🔹 Progressive alternatives to IMF austerity 🔹 A UN-led framework for sovereign debt 🔹 African agency in global financial governance Africa is not just at the table; Africa is shaping the agenda. The time for debt justice is NOW. 💪 @DevEconNetwork

#FridayVibes Lenders have always organised together, leaving African borrowers to negotiate alone, one by one. AFRODAD's policy paper makes a case for a Borrowers' Club in which African nations would share loan terms, pool leverage, and negotiate as one united voice. There is strength in numbers. It's time for Africa to use it. #AfricaRuleMaker #CAP 📄 Read the full paper:👉 ln.run/2mS1x

⚡ When a hurricane hits, should a country choose between rebuilding homes or repaying debt? Right now, most African debt contracts say: pay the debt. AFRODAD's policy paper highlights a game-changing solution, climate and catastrophe debt clauses that automatically pause debt payments when disaster strikes, freeing up funds for recovery when it matters most. Africa is on the frontline of climate change. Its debt contracts should reflect that. 📄 Read the full paper👉 sl1nk.com/knzv4bf

🔒 Some African governments signed loan contracts that they weren't allowed to disclose to their own citizens. AFRODAD's policy paper breaks down how hidden clauses, secret debt, and unfair terms in Africa's loan contracts are costing the continent & the #people. This secrecy must end! 📄 Read it. Share it. Demand transparency. 👉 sl1nk.com/knzv4bf

The #OkoaUchumi petition to the National Assembly of Kenya demands transparency: No new IMF programme without tabling the Governance & Corruption Diagnostic Report before Parliament. Kenya is not alone! Across Africa, governments enter reform programmes with the IMF that reshape public finances, restructure debt, and determine what citizens pay and what services they lose. Yet the reports exposing governance gaps are kept from the public. @AFRODAD stands with this call. Africa’s debt crisis cannot be solved in secret. 🔓 Disclose the report 🏛️ Empower Parliament 👥 Protect the people 📄 Read the petition:acesse.one/whbo6n9

#FridayVibes Three agencies, Moody's, S&P Global Ratings, and Fitch Ratings, control 90–95% of African sovereign credit ratings. A 2023 UNDP study estimates Africa could save up to $74.5 billion if ratings were based on less subjective criteria. That’s why the African Credit Rating Agency (AfCRA) will launch in July 2026, to provide more contextualised and fair assessments of African economies. Read more: shorturl.at/2h5lQ #HappyLabourDay

@DianaMochoge d'AFRODAD, insiste sur la nécessité de repenser les stratégies de financement, et plaide pour une mobilisation accrue des ressources domestiques via des politiques fiscales progressives, évitant de faire peser l’effort sur les populations les plus vulnérables. Elle met également en avant des propositions structurantes, telles que la suspension automatique du service de la dette en période de crise, ainsi que la réforme des agences de notation. 🔗l1nq.com/lba6gsi #AfricaEconomicJustice #StopTheBleeding

Africa contributes 2–3% of global emissions but bears the heaviest climate burden. Yet she's being asked to take on more debt to adapt. AFRODAD demands grant-based climate finance — not loans. Climate justice is economic justice. #AfricaEconomicJustice #StopTheBleeding Read more: shorturl.at/3BuTN

Debt and austerity policies disproportionately hurt women and marginalised communities— #maputomanifesto challenges these and prioritise feminist economic recovery. There is no sustainable development without feminist-transformative fiscal and financial policies. Read more l1nq.com/prmb7bc #FeministDebtJustice

Debt solutions imposed by creditors are failing. Countries must have a seat at the table in a UN-led process to shape fair and lasting outcomes. #DebtJustice #FfD4 #UNDebtConvention

📢 Alerta de Webinário! Junte-se a nós para analisar como os fluxos financeiros globais, os bancos públicos de desenvolvimento e as instituições financeiras internacionais (IFIs) priorizam a extração, levando frequentemente ao aumento dos riscos fiscais e a uma dívida insustentável, em vez do desenvolvimento prometido. O financiamento de combustíveis fósseis está a prender as economias africanas, já sobrecarregadas pela dívida, numa "armadilha da dívida dos combustíveis fósseis".(i) Como é que as instituições financeiras estão a reforçar este ciclo? (ii) Quais são as recomendações políticas acionáveis para uma transição energética justa? Registe-se aqui para fazer parte desta conversa voltada para o futuro: o2o.to/i/2k04uq #AfricaEconomicJustice #StopTheBleeding

📢 Alerte Webinaire ! Rejoignez-nous pour examiner comment les flux financiers mondiaux, les banques publiques de développement et les institutions financières internationales (IFI) donnent la priorité à l'extraction, menant souvent à une augmentation des risques budgétaires et à une dette insoutenable plutôt qu'au développement promis. Le financement des énergies fossiles enferme les économies africaines, déjà lourdement endettées, dans un « piège de la dette liée aux combustibles fossiles ». (i) Comment les institutions financières renforcent-elles ce cycle ? (ii) Quelles sont les recommandations politiques concrètes pour une transition énergétique juste ? Inscrivez-vous ici pour participer à cette conversation prospective : o2o.to/i/2k04uq #AfricaEconomicJustice #StopTheBleeding

📢 Webinar Alert! Join us to examine how global financial flows, Public Development Banks & International Finance Institutions (IFIs) are prioritising extraction, often leading to increased fiscal risks and unsustainable debt rather than the promised development. Financing fossil fuels is locking already debt burdened African economies into a "fossil-fuel-debt-trap. (i)How are financial institutions reinforcing this cycle? (ii)What are the actionable policy recommendations for a just energy transition? Register here to be part of this forward-looking conversation o2o.to/i/2k04uq #AfricaEconomicJustice #StopTheBleeding

AFRODAD calls on both institutions to respect and support African governments' right to deploy active industrial policy, protect strategic sectors, and invest in value-addition industries, particularly in agriculture, energy, and manufacturing, that can generate millions of decent jobs across the continent. The 2026 Spring Meetings theme of 'Jobs and Prosperity' rings hollow unless it is grounded in African agency and African-determined development pathways. Read more: shorturl.at/JA8uS #AfricaEconomicJustice

#FridayVibes African Jobs Require African-Owned Industrial Policy, Not Privatisation Prescriptions "Prosperity must be produced at home, not imported through conditionality." For African countries, success depends on maintaining macroeconomic stability, investing in human and physical capital, advancing structural reform, and taking advantage of the African Continental Free Trade Area. However, the IMF and World Bank's persistent push for liberalisation and private-sector-led models has undermined Africa's capacity to build domestic industries and create quality, sustainable jobs. Read more: shorturl.at/jhZRr #AfricaEconomicJustice