Debt Management Strategy

Seventy First Sovereign Debt News Update: Ethiopia Turns Directly to China and France in Quest for Debt Relief

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.

Seventieth Sovereign Debt News Update: The IMF Executive Board approves SDR 180.5 million to Uganda: Implications for Debt Sustainability

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.

Sixty Fifth Sovereign Debt News Update: Debt-For-Nature Swap: Portugal Signs Agreement to Trade Cape Verde’s National Debt for Climate Investments

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.

NEWS: 01.26.2023

The News and Events category publishes the latest News and Events relating to International Economic Law relating to Africa and the Global South. Every week, Afronomicslaw.org receive the News and Events in their e-mail accounts. The News and Events published every week include conferences, major developments in the field of International Economic Law in Africa at the national, sub-regional and regional levels as well as relevant case law. News and Events with a Global South focus are also often included.

Zambia Debt Alliance and African Sovereign Debt Justice Network Statement on Zambia's Debt Situation ahead of Visits by the IMF Managing Director and the U.S. Treasury Secretary

On the occasion of the visits to Zambia by the IMF MD, Kristalina Georgieva and U.S Treasury Secretary, Janet Yellen, the Zambia Debt Alliance and the African Sovereign Debt Justice Network (AfSDJN) call upon the International Monetary Fund (IMF) and the United States, a vital member of the G7 and G20, to take substantial action to address the debt problem faced by Zambia and several other African countries.

Winners Announced: The African Sovereign Debt Network (AfSDJN) Essay Competition

The African Sovereign Debt Network, (AfSDJN), is delighted to announce the winners of its Essay Competition on “National Legal Frameworks for Debt Contracting, Prudent Management and Accountability in Africa.” The winners of this competition have been invited by the African Forum and Network on Debt and Development (AFRODAD) to present their winning papers at the second African Conference on Debt and Development (AfCoDD II) from the 24th to 26th August 2022. Their papers will also be published on Afronomicslaw.org.