Africa: Former African Heads of State Sign Cape Town Declaration Calling for Urgent Debt Relief

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.

Breaking the Chains of Debt: CIDSE’s call for Justice and Equity

As we enter the Jubilee Year 2025, CIDSE supports the global call for debt justice, recognising that unsustainable debt traps millions of people in poverty. In the Global South, debt repayments divert vital resources from health, education, and climate action. CIDSE stands for the urgent resolution of unsustainable debt based on justice, solidarity, and ecological responsibility, addressing both historical and contemporary inequalities. To tackl…

Former African Heads of State Sign Cape Town Declaration Calling for Urgent Debt Relief for Developing Countries

The African Leaders Initiative on Debt Relief is led by a distinguished group of former African leaders. - Kenya breaking news

Obasanjo, Osinbajo, six former African leaders sign Cape Town Declaration, seek debt relief - EnviroNews - latest environment news, climate change, renewable energy

Eight former African Heads of State and Government, including Nigeria’s Olusegun Obasanjo and Yemi Osinbajo, have signed the Cape Town Declaration, calling for the critical need for debt relief for highly indebted nations and advocating for lower borrowing costs for all developing countries. Olusegun Obasanjo, former President of the Federal Republic of Nigeria, and Chair, African Leaders Initiative on Debt Relief The Declaration was signed on …

Dozens of sisters join faith leaders calling on G20 to end global debt crisis

More than 100 faith leaders — including Catholic sisters — from around the world signed a letter calling for finance ministers of the world's largest economies to reform debt that burdens low-income countries.