AFRODAD Continues to Strengthen Journalists’ Knowledge on Debt through AFROMEDI
Summary
The African Forum and Network on Debt and Development (AFRODAD) conducted various capacity-building initiatives, policy advocacy, and institutional partnerships in 2024 to address Africa's public debt burden, reform the global financial architecture, and promote sustainable debt management.
Key insights
- AFRODAD hosted the 4th edition of the AFRODAD Media Initiative (AFROMEDI) from 19-21 March 2024 in Abidjan, Ivory Coast, training 48 journalists from 35 African countries. This initiative supports the Media Debt Network Africa (M-DNA), which grew from 97 members in 2023 to 127 members. In the first half of 2024, articles by M-DNA members reached 246,566,471 online readers, 758,518 on Facebook, and 5,449,791 on X.
- AFRODAD and its partners advocated for the reform of IMF Quotas, contributing to a general increase of 50 percent (SDR 238.6 billion, or US$320 billion), bringing total quotas to SDR 715.7 billion (US$960 billion). This increase is intended to improve the liquidity capacity of the fund and increase the representation of African governments.
- AFRODAD provides technical expertise and capacity building to parliamentarians and governments to improve debt management. In March 2024, it conducted capacity building for MPs in Zimbabwe and Malawi on the model PFM law. In Zimbabwe, AFRODAD participated in a technical committee for a structured Dialogue Platform for Arrears Clearance created by the government in 2023.
- The organization provides legal support for debt management frameworks. AFRODAD provided technical input for amending the Public Debt Management Act in Sierra Leone and contributed to a Statement of Reference at the East African Court of Justice (EACJ) regarding a USD 12 billion resource-backed loan irregularly contracted by the Government of South Sudan.
- AFRODAD utilized the Okoa Uchumi Coalition to make submissions against the 2024 Kenya Finance Bill, arguing that its tax proposals were regressive and punitive. Following these efforts and public protests, the bill was withdrawn and the president of Kenya called for dialogue.
- On Africa Day, AFRODAD issued three primary demands: the unconditional cancellation of all African debts by creditor nations, the urgent reform of the global debt architecture to equalize loan contraction processes, and for the African Union to advance Africa's rule-making position globally.
- AFRODAD held the second edition of the Debt and Development Academy (DaDA) from 17-19 June in Arusha, Tanzania, providing modular training to 34 CSO activists on debt, tax, illicit financial flows, and other related development finance issues.
Cite the original document
- APA
- African Forum and Network on Debt and Development (n.d.). AFRODAD Continues to Strengthen Journalists’ Knowledge on Debt through AFROMEDI. https://afrodad.org/sites/default/files/newsletter/AFRODEBT%2017.pdf
- Chicago
- African Forum and Network on Debt and Development. AFRODAD Continues to Strengthen Journalists’ Knowledge on Debt through AFROMEDI. n.d. https://afrodad.org/sites/default/files/newsletter/AFRODEBT%2017.pdf.
- Wikipedia
- {{cite report |author=African Forum and Network on Debt and Development |title=AFRODAD Continues to Strengthen Journalists’ Knowledge on Debt through AFROMEDI |url=https://afrodad.org/sites/default/files/newsletter/AFRODEBT%2017.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{africanforumandnetworkondebtanddevelopmentndafrodad, author = {{African Forum and Network on Debt and Development}}, title = {{AFRODAD Continues to Strengthen Journalists’ Knowledge on Debt through AFROMEDI}}, institution = {African Forum and Network on Debt and Development}, url = {https://afrodad.org/sites/default/files/newsletter/AFRODEBT%2017.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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