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Watch https://www.youtube.com/watch?v=f32-ua7OfbM

on 08 December 2018

Join more than 6 million viewers of Deutsche Welle in Berlin as Dr. Fanwell tackles the rising debt dilemma.

The African Borrowing Charter to Lessen Looming Distress

on 06 December 2018
The African Borrowing Charter to Lessen Looming Distress

In 2013, the African Development and Network on Debt on Development launched a document titled “AFRODAD Borrowing Charter” and the latter got recently revised from content to title, and it’s now referred to as: “The African Borrowing Charter”. But before delving more into the “charter:” The history below is the reason AFRODAD firmly believes that this Borrowing Charter is so crucial! African countries borrowed heavily during the 1970s supported by high commodity prices and the eagerness of commercial lenders to off-load their petrol-dollar surpluses. The deteriorating terms of trade and increasing interest rates did not deter African countries from borrowing...

Zambia has continued to record massive revenue losses – AFRODAD

on 28 November 2018

ZAMBIA has continued to record massive losses in revenue due to the dubious manner in which mining and other sources of national revenue are being managed, AFRODAD has observed. In an interview in Gaborone, Botswana, during a seminar on Illicit Financial Flows in Africa and their negative impact on development, African Forum and Network on Debt and Development (AFRODAD) economic governance policy officer, Tafadzwa Chikumbu, said due to the secrecy that surrounds agreements with multinational companies on mineral extraction, Zambia was losing huge sums of money through illicit financial flows. “Mineral extraction has placed Zambia at a very precarious situation...

Extractive Industries Summer School 2015

on 28 November 2018

The participation of parliament, civil society organisations and the academia in decision making is a fundamental prerequisite for good governance in the natural resources sector. In democratic states where civil society organisations (CSOs) and parliamentarians are allowed to influence decisions, they often lack the capacity to meaningfully engage. The extractive sector is a highly complex and technical sector. The limited extractive industry knowledge of various African actors compromises efforts towards effectively harnessing the natural resource wealth of Africa for positive development outcomes. In light of this, the African Forum and Network on Debt and Development (AFRODAD) is hosting the inaugural...