African Sovereign Debt Justice Network (AfSDJN)
The African Sovereign Debt Justice Network, (AfSDJN), is a coalition of citizens, scholars, civil society actors and church groups committed to exposing the adverse impact of unsustainable levels of African sovereign debt on the lives of ordinary citizens.
Convened by Afronomicslaw.org with the support of Open Society for Southern Africa, (OSISA), the AfSDJN's activities are tailored around addressing the threats that sovereign debt poses for economic development, social cohesion and human rights in Africa. It advocates for debt cancellation, rescheduling and restructuring as well as increasing the accountability and responsibility of lenders and African governments about how sovereign debt is procured, spent and repaid.
Focusing in particular on Kenya, Zambia, Zimbabwe, Mozambique, Nigeria and Senegal, the AfSDJN will also amplify African voices and decolonize narratives on African sovereign debt . Its activities include producing research outputs to enhance the network’s advocacy interventions. It also seeks to create awareness on and elevate the priority given to sovereign debt and other economic justice issues on the African continent and beyond throughout 2021.
One Hundred and Eleventh Sovereign Debt News Update: Zambia Signs Debt Restructuring Deal with Official Creditors China and India
One Hundred and Tenth Sovereign Debt News Update: Zimbabwe’s 2023 Public Debt Report Paints a Gloomy Picture Despite Considerable Progress Made Through the (ACDRRP)
One Hundred and Ninth Sovereign Debt News Update: Kenya Successfully Issues a New $1.5 billion (Sh238 billion) Eurobond to Buy Back the $2 billion Eurobond due June 2024
One Hundred and Eighth Sovereign Debt News Update: Nigeria’s Public Debt to hit N95trn as Senate Approves President Tinubu’s Request to Securitise N7.3 trillion owed to the Central Bank
One Hundred and Seventh African Sovereign Debt News Update: Ghana’s Bilateral Creditors Close to Issuing Memorandum of Understanding
One Hundred and Sixth Sovereign Debt News Update: Higher Debt Servicing Payments Push Egypt’s Budget Deficit Higher
December 18, 2023