Eight former African Heads of State and Government, including Ghana's Nana Addo Dankwa Akufo-Addo, have signed the Cape Town Declaration, calling for immediate debt relief for highly indebted nations and lower borrowing costs for all developing countries.
The signing took place at the launch of the African Leaders Debt Relief Initiative (ALDRI) on the sidelines of the G20 Finance Ministers' meeting in Cape Town.The initiative is led by a distinguished group of former African leaders, including Olusegun Obasanjo (Nigeria), Joyce Banda (Malawi), Jakaya Kikwete (Tanzania), Macky Sall (Senegal), Hailemariam Desalegn (Ethiopia), Dr.
Ameenah Gurib-Fakim (Mauritius), and Yemi Osinbajo (Nigeria).
These leaders are advocating for a comprehensive debt relief strategy to ease the financial burdens of developing nations, especially in Africa.
