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24 documents from African Forum and Network on Debt and Development
escalating-20debt-20burden-20in-20africa-20and-20its-20human-20rights-20implications-aafc74d78102e85a.pdf
This research paper by the African Forum and Network on Debt and Development (AFRODAD) examines the relationship between escalating sovereign debt in Africa and the subsequent erosion of human rights. The authors argue that high debt-servicing obligations force governments to implement austerity measures and cut spending on essential public services, thereby compromising basic needs and hindering the achievement of the 2030 Sustainable Development Goals. The paper analyzes debt trends, the impact of various relief initiatives, and the role of civil society, ultimately calling for a human rights-based approach to debt management and the cancellation of debts for highly indebted countries.
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Document type: Research paper
RESOURCE-BACKED LOANS AND PUBLIC SECTOR COLLATERALISATION OF NATURAL RESOURCES IN AFRICAN COUNTRIES
This policy brief by the African Forum and Network on Debt and Development examines resource-backed loans (RBLs) and the collateralisation of mineral resources in African countries. It explores how these financial mechanisms can unlock infrastructure funding for resource-rich but capital-poor nations, while warning of significant risks including debt sustainability crises, lack of transparency, and the erosion of competitive public procurement processes.
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Document type: Policy brief
Terms of Reference Development of the AFRODAD Strategic Plan (2026-2030)
This document presents the Terms of Reference (ToR) for a consultancy to develop the African Forum and Network on Debt and Development (AFRODAD) Strategic Plan for 2026-2030. The consultancy aims to review the 2021-2025 strategy and design a new framework that responds to a shifting global debt landscape, evolving development finance trends, and the operational challenges facing civil society organisations in Africa and the Global North.
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Document type: Briefing
ZAMBIA DEBT PROFILE
The 2024 Zambia Debt Profile by AFRODAD analyzes the drivers and consequences of Zambia's unsustainable national debt, which reached $25.5 billion by the end of 2023. The report details how excessive borrowing for unproductive infrastructure, combined with a high reliance on volatile copper exports and significant tax evasion, led to a sovereign default in November 2020. It highlights the severe impact of debt servicing on social sectors, specifically the crowding out of health and education budgets, and evaluates the challenges of restructuring under the G20 Common Framework.
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Document type: Report