Afrodad Harare Declaration French

The Harare Declaration, adopted during the first African Conference on Debt and Development (AfCoDD) in August 2021, calls for a systemic overhaul of the global debt architecture to address the vulnerabilities of African nations. It highlights how the COVID-19 pandemic exacerbated poverty and debt burdens, potentially pushing 39 million Africans into extreme poverty. The document criticizes the current system for prioritizing creditor interests over social and environmental justice, noting a shift toward commercial bonds and a lack of transparency in debt contraction. To counter this, the declaration proposes the creation of an African Monitoring and Control Mechanism, a Monetary Fund, and an African Bank. It further advocates for a feminist approach to macroeconomics, a green recovery aligned with the AU's Agenda 2063, and the possibility of collective debt default to break the cycle of neoliberal dependency.

• The COVID-19 pandemic is projected to push approximately 39 million Africans into extreme poverty and force governments to prioritize debt servicing over the protection of citizens and national resources.
• The composition of public debt has shifted, with an increasing proportion now consisting of commercial bonds traded on international capital markets.
• The current global debt architecture is criticized for lacking transparency and accountability, utilizing debt sustainability assessments by the IMF and private rating agencies that prioritize creditor repayment over social and environmental trade-offs.
• Existing debt relief, restructuring, and rescheduling initiatives are deemed inadequate because they fail to address systemic flaws and often exclude commercial and private creditors from sustainable solutions.
• The declaration proposes the creation of an African Monitoring and Control Mechanism to ensure transparency and governance, alongside the establishment of new regional institutions such as an African Monetary Fund and an African Bank.
• To break the neoliberal debt cycle, the document urges African governments to consider radical measures, including debt cancellation and collective default.
• The declaration calls for the adoption of a feminist approach to macroeconomic research and policy, and a green recovery aligned with the African Union's Agenda 2063.

APA

African Forum and Network on Debt and Development (n.d.). Afrodad Harare Declaration French. https://afrodad.org/sites/default/files/documents/Afrodad%20Harare%20Declaration%20French.pdf

Chicago

African Forum and Network on Debt and Development. Afrodad Harare Declaration French. n.d. https://afrodad.org/sites/default/files/documents/Afrodad%20Harare%20Declaration%20French.pdf.

Wikipedia

{{cite press release |author=African Forum and Network on Debt and Development |title=Afrodad Harare Declaration French |url=https://afrodad.org/sites/default/files/documents/Afrodad%20Harare%20Declaration%20French.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{africanforumandnetworkondebtanddevelopmentndafrodad, author = {{African Forum and Network on Debt and Development}}, title = {{Afrodad Harare Declaration French}}, publisher = {African Forum and Network on Debt and Development}, url = {https://afrodad.org/sites/default/files/documents/Afrodad%20Harare%20Declaration%20French.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }