Are AU memeber countries growing conscious from heavy indeptedence as they strife to do better in future development.
This Monday, May 12, 2025, the Hôtel 2 Février in LOME Togo, will host the launch of an African Union Debt Conference.
The three day conference organised by the African Union Commission’s Department for Economic Development, Tourism, Trade, Industry, and Minerals (ETTIM) is meeting under the theme:
“Africa’s Public Debt Management Agenda: Restoring and Safeguarding Debt Sustainability.”
This strategic meeting to explore sustainable and sovereign solutions to the continent’s growing debt, will bring together AU Member States, policymakers, financial experts, and key stakeholders, including representatives from Ministries of Finance, African Central Banks, Regional Economic Communities, African Multilateral Financial Institutions, and Civil Society Organizations.
The Conference will focus on the following key specific objectives,
The global financial architecture and its implications for Africa’s debt landscape.
The current state of public debt management in Africa
Legislative oversight and legal frameworks for debt management.
Debt relief, restructuring, and innovative financing solutions.
Credit ratings and their impact on African economies.
Transparency and accountability in debt management.
The role of international cooperation in strengthening national capacities for effective debt management
This African Union Debt Conference will comprise a Presidential Dialogue, High-Level Panel Discussion and technical panel sessions on the opportunities, challenges, and solutions for public debt in Africa.
Speakers and panelists will include H.E. Faure Essozimna Gnassingbé, President of Togo; Mr. Claver Gatete, Executive Secretary, UNECA; H.E. Mahmoud Ali Youssouf, Chairperson of the African Union Commission; Hon. Georges Barcola, Minister of Finance, Togo; and Prof. Kevin Chika Urama, Chief Economist and Vice President for Economic Governance and Knowledge Management, African Development Bank Group.
