
Only nine countries endorse ‘Borrowers’ Platform’ amid concerns over African nations’ debt burden
The Officer-in-Charge of the Debt and Development Finance Branch of the United Nations Trade and Development (UNCTAD), Penelope Hawkins, disclosed this at the sixth African Conference on Debt and Development (AfCoDD VI), organised by the African Forum and Network on Debt and Development (AFRODAD) in Nairobi, during a session on making the Common African Position on Debt (CAP) and the Borrowers’ Platform work for citizens.
The session, titled “From Commitment to Accountability: Citizen-Led Monitoring of Africa’s Common Position on Debt,” brought together parliamentarians, auditors, civil society organisations and development advocates to discuss debt transparency, public audits, parliamentary oversight, domestic resource mobilisation, illicit financial flows and citizen participation.
Kenya’s debt oversight under scrutiny A second AfCoDD VI session examined how citizens can monitor the implementation of the Common African Position on Debt.
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