US EditionAfrica: Former African Heads of State Sign Cape Town Declaration Calling for Urgent Debt Relief
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6 Articles
Africa: Former African Heads of State Sign Cape Town Declaration Calling for Urgent Debt Relief
Cape Town, South Africa -- Eight former African Heads of State and Government have signed the Cape Town Declaration, calling for critical debt relief for highly indebted nations and advocating for lower borrowing costs for all developing countries. The declaration was signed at the launch of the African Leaders Debt Relief Initiative (ALDRI), which reflects the leaders' commitment to rallying for a comprehensive debt relief strategy for countrie…
Poor, indebted countries need collective relief, African leaders say
CAPE TOWN - Growing external debt burdens are crippling the world's poorest countries, a group of former African leaders warned on Thursday as they pushed for a new programme of collective relief from private, bilateral and multilateral creditors.
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