AFRICA'S DEBT

BACKGROUND PAPER
(Background Paper 12)
by Africa Policy Information Center
Washington, DC, United States
December 1998
8 pages
Contents: How much is too much? • The causes of debt • The HIPC Initiative • Africa’s Debt in Numbers • From debt to sustainability • Selected Resources: Groups and Documents • Organizations with Extensive Information On-Line • Other Key International Contacts • Selected Africa Campaigns Contacts • More information on the HIPC Initiative. Boxes: Africa’s Debt Compared to What? • CAMEROON: DEBT AND ENVIRONMENT • ZAMBIA'S EXTERNAL DEBT: Zambian Churches Speak • GHANA: DEBT OVERHANG A DRAG ON DEVELOPMENT • MOZAMBIQUE: DEBT RELIEF PACKAGE FALLS SHORT • The pamphlet includes excerpts from a statement by Rev. Violet Sampa-bredt, General Secretary of the Christian Council of Zambia; Rev. Thomas Lumba, Executive Director of the Evangelical Fellowship of Zambia; and Father Ignatius Mwebe, Secretary General of the Zambia Episcopal Conference on behalf of The Ecumenical Steering Committee for Jubilee 2000-Zambia. The pamphlet mentions Jesse Jackson, the All African Council of Churches, the World Bank, Heavily Indebted Poor Countries (HIPC), former Tanzanian President Julius Nyerere, HIV, the Cold War, corrupt African leaders, agricultural exports, the International Monetary Fund (IMF), rescheduling of debt, natural resources, timber, oil, small farmers, Cameroonian President Paul Biya, coffee, tobacco, cotton, bananas, cocoa, journalist Pius Njawe, prison, Exxon, Shell, the French oil company ELF, a 600-mile pipeline from oil fields in southern Chad through the Cameroonian rainforest, the Environmental Defense Fund, donor countries, Catholic Commission for Justice and Peace, Peter Henriot, S.J., Jesuit Centre for Theological Reflection, economic adjustment programs, creditors, President Clinton, Ashanti Goldfields, the New York Stock Exchange, textiles, steel, tires, Mozambique President Joaquim Chissano, Rhodesia, Western countries, the Gulf War, European Network on Debt and Development (EURODAD), Jubilee 2000/UK, Jubilee 2000/USA, Oxfam International, Putting Life before Debt, the Canadian Ecumenical Jubilee Initiative, the African Forum and Network on Debt and Development (AFRODAD), the Jubilee 2000 Afrika Campaign, the Mozambican Debt Group, Jubilee 2000 South Africa and Apartheid-Caused Debt Campaign, and the Uganda Debt Network.
Used by permission of Africa Action (successor to the Africa Policy Information Center).
Collection: William Minter Southern Africa Papers