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24 documents from African Forum and Network on Debt and Development
Déclaration médiatique : La crise de l’eau en Afrique expose le coût d’un système financier mondial défaillant
A media statement by the African Forum and Network on Debt and Development (AFRODAD) arguing that Africa's water crisis is driven by a failing global financial system, chronic under-investment, and a debt crisis that prioritizes repayments over essential public services.
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Document type: Statement
Africa’s Water Crisis Exposes the Cost of a Broken Global Financial System
A media statement by the African Forum and Network on Debt and Development (AFRODAD) issued on 13 February 2026, arguing that Africa's water crisis is a structural emergency caused by a broken global financial system that prioritizes debt repayment over essential public services and climate resilience.
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Document type: Statement
INTERNATIONAL YOUTH DAY SOLIDARITY STATEMENT 2025
The International Youth Day Solidarity Statement 2025, issued by the Youth For Tax Justice Network (YTJN) and the African Forum and Network on Debt and Development (AFRODAD), advocates for global tax and debt justice to support Africa's youth population. The statement highlights the contradiction between high youth entrepreneurship and a lack of decent employment, arguing that unsustainable sovereign debt and tax abuse divert essential funding from education, healthcare, and climate resilience.
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Document type: Statement
Harnessing Civil Society’s Role in Making Africa’s Capital Work Better for Inclusive Development
A statement delivered by Catherine Mithia on behalf of the African Forum and Network on Debt and Development (AFRODAD) at a 2025 Civil Society Organizations Event. The document advocates for the reform of the international financial architecture and the strengthening of civil society's role in ensuring Africa's capital is used for inclusive development, specifically addressing illicit financial flows and sustainable debt management.
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Document type: Statement
Sevilla Commitment
The Sevilla Commitment is an outcome document from the Fourth International Conference on Financing for Development, held in Spain from June 30 to July 3, 2025. It establishes a renewed global financing framework to close an estimated annual financing gap of 4 trillion US dollars for sustainable development, particularly in developing countries. The document outlines comprehensive actions across domestic public resources, private business and finance, international development cooperation, international trade, debt sustainability, and the international financial architecture, with a strong emphasis on reforming global economic governance to be more inclusive and representative of developing nations.
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Document type: Statement
Annual Meetings serve the rich and damn the poor!
A statement by the African Forum and Network on Debt and Development (AFRODAD) criticizing the 2024 Annual Meetings of the IMF and World Bank, arguing that the global financial architecture and debt relief mechanisms favor rich creditor nations while imposing austerity on developing African countries.
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Document type: Statement
Civil Society FfD Mechanism Submission to FfD4 Elements Paper
The Civil Society FfD Mechanism submits a series of recommendations for the Fourth International Conference on Financing for Development (FfD4), calling for a fundamental redesign of global economic governance. The submission advocates for a shift from GDP-centric growth to wellbeing and ecological prosperity, proposing new UN-led frameworks for international tax cooperation, sovereign debt resolution, and development cooperation to remove systemic impediments facing the Global South.
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Document type: Statement
Reforming fiscal policies to reduce inequalities and eradicate poverty (SDG 1, 10)
This policy brief argues for the adoption of progressive tax instruments—including Financial Transaction Taxes (FTT), net wealth taxes, property taxes, and Resource Rent Taxes—to combat extreme poverty and economic inequality, particularly in Sub-Saharan Africa. It highlights the regressive nature of current African tax structures and provides a case study for South Africa, suggesting that a combination of these taxes could generate hundreds of billions of rands to fund social protection and basic income guarantees.
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Document type: Policy brief
Statement of Solidarity during the 16th Annual Conference of the Southern African Development Community Organisation of Public Accounts Committees (SADCOPAC)
A statement of solidarity delivered by the African Forum and Network on Debt and Development (AFRODAD) at the 16th Annual Conference of the Southern African Development Community Organisation of Public Accounts Committees (SADCOPAC), calling for African solidarity to address debt crises and reform global economic governance.
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Document type: Statement
MAPUTO MANIFESTO 2024
The Maputo Manifesto 2024 is a statement issued following the 4th African Conference on Debt and Development (AfCoDD IV) held in Maputo from 28 to 30 August 2024. The document advocates for a feminist approach to debt and development in Africa, arguing that the current debt crisis disproportionately affects women and girls and is exacerbated by a global financial architecture that prioritizes profit over people.
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Document type: Statement
Reaction: African Development Bank Annual Meetings 2023 – Progressive Reform Rhetoric and Over reliance on Private Sector Climate Finance a Major Risk to Africa’s Debt Sustainability
The African Forum and Network on Debt and Development (AFRODAD) reacts to the 2023 African Development Bank (AfDB) Annual Meetings, arguing that an over-reliance on private sector climate finance poses a risk to Africa's debt sustainability and prioritizes profit over people.
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Document type: Statement
SUPPORT MEMORANDUM
AFRODAD urges the adoption of the New York Taxpayer and International Debt Crises Protection Act to compel private creditors to participate in debt relief. The organization highlights that 23 African countries face debt distress or high risk, exacerbated by sovereign bonds and global crises including the climate emergency, the COVID-19 pandemic, and the Ukraine-Russia Conflict.
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Document type: Statement
afrodad-zimcodd-congratulatory-letter-to-the-president-of-zimbabwe-for-his-work-to-stabilise-the-countries-socio-economic-situation-6dfa650c0e76eb00.pdf
A congratulatory letter from the African Forum and Network on Debt and Development (AFRODAD) and the Zimbabwe Coalition on Debt and Development (ZIMCODD) to the President of Zimbabwe and other high-level officials following the 2nd High-Level Structured Dialogue Platform Meeting on February 23, 2023. The letter expresses support for the Arrears Clearance Programme and provides recommendations on economic reforms, debt transparency, creditor responsibility, and civil society participation to address Zimbabwe's debt crisis.
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Document type: Statement
The Harare Declaration 2021
The Harare Declaration 2021 is a statement adopted during the inaugural African Conference on Debt and Development (AfCoDD). It calls for a 'New Debt movement' to reform the global financial architecture, which the document describes as broken and skewed toward the interests of creditors and former colonial powers. The declaration advocates for African countries to transition from being 'rule takers' to 'rule makers' through measures such as debt cancellation, the creation of regional financial institutions, and the establishment of an African Accountability Mechanism.
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Document type: Statement
THE AFRICAN BORROWING CHARTER
The African Borrowing Charter (2018), published by the African Forum and Network on Debt and Development (AFRODAD), is a policy framework designed to prevent unsustainable public debt accumulation in Africa. It establishes guiding principles for debt contraction, management, and transparency, while proposing a robust legal framework and a Fiscal Responsibility Act to ensure that borrowing supports inclusive development and protects future generations.
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Document type: Report
African Conference on Debt and Development (AfCoDD)
The Harare Declaration, issued during the inaugural African Conference on Debt and Development (AfCoDD) in August 2021, calls for a fundamental reform of the global debt architecture to protect African citizens from unsustainable borrowing and the socio-economic impacts of the Covid-19 pandemic.
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Document type: Statement
Afrodad Harare Declaration French
The Harare Declaration is a statement issued following the first African Conference on Debt and Development (AfCoDD), held from August 25 to 27, 2021. The document outlines the systemic failures of the global debt architecture and calls for radical reforms to prevent African nations from falling into unsustainable debt cycles, particularly in the wake of the COVID-19 pandemic.
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Document type: Statement
DEBT SUSTAINABILITY in the context of African Dependency and Underdevelopment
This research paper, based on a lecture by Opa Kapijimpanga, argues that Africa's recurring debt crises are a structural consequence of its position in the 'periphery' of global capitalism. The author contends that debt sustainability is unattainable under neoliberalism and requires a fundamental 'delinking' from institutions and ideologies that reinforce dependency and underdevelopment.
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Document type: Research paper
AFRODAD Continues to Strengthen Journalists’ Knowledge on Debt through AFROMEDI
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.
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Document type: Report
COMPARATIVE ANALYSIS OF NATIONAL PFM LEGISLATION AND SADC PFM MODEL LAW IN ZAMBIA, ZIMBABWE, AND MALAWI
This research paper by the African Forum and Network on Debt and Development (AFRODAD) analyzes the Public Finance Management (PFM) legislative frameworks of Zambia, Zimbabwe, and Malawi, comparing them to the SADC PF Model Law on Public Financial Management. The study identifies a systemic gap between the existence of progressive PFM laws and their effective implementation, particularly regarding debt sustainability, parliamentary oversight, and the prevention of illicit financial flows (IFFs).
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Document type: Research paper