African Forum and Network on Debt and Development (AFRODAD)

31/07/2026

Africa's minerals can power the global energy transition but will they power Africa's sustainable development?

As the world races for critical minerals, Africa stands at a defining moment. The continent must move beyond being a source of raw materials and ensure its mineral wealth delivers value addition, transparency, industrialisation, and shared prosperity.

In AFRODAD's latest article, we unpack the opportunities and risks of the second minerals rush, highlighting why political will, accountable governance, and the implementation of the Africa Mining Vision are essential to safeguarding Africa's resource sovereignty.
Read the full article: https://tinyurl.com/2p9uynsh

30/07/2026

For , AFRODAD has been advocating for: sovereign debt reform, fair taxation, climate finance accountability, and transparent public financial management as the pillars of Africa's sustainable development.

In our latest article, AFRODAD continues to push for a stronger African civil society voice in global processes like the COP32, and post-2030 negotiations, and holding the line on debt justice as the foundation for a self-reliant, rule-making Africa. Read more ➡️https://tinyurl.com/44mvszbh

27/07/2026

AFRODAD and Friedrich-Ebert-Stiftung Côte d'Ivoire office convened a briefing workshop on the Common African Position on Debt ( ) to enhance awareness and understanding of the CAP on Debt among CSOs, non-state actors, and national stakeholders in Côte d'Ivoire contributing to its broader popularisation.The meeting was attended by Ivorian Government representatives from Ministry of Economy, Finances & Budget, and Parliament.

Catherine Mithia spoke on AFRODAD's role in leading continental advocacy as articulated in AFRODAD's Harare Declaration, as the foundation for CSO advocacy for the CAP on debt.

24/07/2026

The message was unequivocal: Africa cannot continue operating within a debt system that prioritises creditors while citizens bear the social and economic costs. African countries must strengthen coordination, speak with one voice, and champion systemic reforms that place development, justice, and sovereignty at the centre of global debt governance.
The time for incremental fixes is over. The time for transformative debt reform is now. ✊🏿🌍
▶️ Watch the full discussion on YouTube to hear the experts' insights and recommendations.
https://tinyurl.com/4jhr3y84

Side session at the Joint African Union (AU) 9th Session of the Spe...

24/07/2026

Speakers further emphasised the need for a borrower-led global debt architecture, including consideration of a UN Framework Convention on Sovereign Debt. They stressed that Africa must move beyond reactive crisis management toward proactive debt governance through earlier intervention, stronger debt data reconciliation, improved sovereign risk assessments, and the establishment of an African Credit Rating Agency.

24/07/2026

A key recommendation was the introduction of an automatic debt standstill. Once a country enters debt restructuring negotiations, debt service payments should be immediately suspended to preserve fiscal space, enabling governments to protect essential public services and support economic recovery.
The panel also called for legislative reforms in major financial centres, particularly the United Kingdom and New York, to prevent private creditors from suing countries that are negotiating debt restructuring in good faith. A creditor-dominated system cannot deliver fair and sustainable outcomes for borrowing nations.

24/07/2026

At the Joint 9th Session of the African Union STC on Finance, Monetary Affairs, Economic Planning and Integration & 5th STC on Trade, Tourism, Industry and Minerals in Abidjan, AFRODAD convened a session with & experts to examine the shortcomings of the G20 Common Framework, and they called for bold reforms to the global sovereign debt architecture.
The G20 Common Framework was created to support countries facing debt distress, yet for many African nations, the process has proved slow, complex, and ineffective in delivering timely and meaningful debt relief.

23/07/2026

Africa’s debt crisis demands bold, urgent solutions.
Join AFRODAD for a critical side session on The Future of Debt Restructuring in Africa in Abidjan, Côte d’Ivoire, as we examine lessons from the G20 Common Framework and explore pathways towards a more transparent, timely and equitable global debt resolution architecture.

Register here for virtual engagement; https://lnkd.in/dqjrYpfK
Follow the livestream on YouTube; https://lnkd.in/dSEhDMNP
Download the concept note; https://lnkd.in/dBVVm5kz
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22/07/2026

For AFRODAD, industrialisation cannot be delinked from debt sustainability. Infrastructure financing that deepens unsustainable debt burdens undermines the very fiscal space African governments need to invest in and protect. AFRODAD is advocating for financing models that are transparent, equitable, and do not compromise long-term debt sustainability.
African Union

22/07/2026

The panel examined how Africa can close its infrastructure financing gap while safeguarding fiscal space. Discussions centered on three interlinked priorities: (i) Closing critical infrastructure gaps; (ii) Leveraging the African Continental Free Trade Area (AfCFTA) to unlock intra-African trade and investment; and (iii) Mobilising climate-aligned financing through partners like the African Development Bank.
African Union Union