Africa Enslaved by Debt
by Wyatt Tee Walker, American Committee on Africa
New York, New York, United States
American Committee on Africa
Reprint of an article that appeared in Metro Exchange, Vol. 12 No. 21, December 2000 that calls for the cancelling of Africa's debt. The article says it is the end of the year 2000 and Africans are still in chains; today, it is the bondage of foreign debt that enslaves the people of Africa; African countries are trapped beneath a crushing debt burden of some $300 billion, in a continent where many subsist on under $1 per day; the All-Africa Conference of Churches has called this debt a new form of slavery, as vicious as the slave trade; in this millennium year, it is past time for the US and the international community to act to break the shackles of Africa's unpayable debt and release the continent from debt bondage. The article discusses loans, oil money, Cold War politics, the AIDS pandemic, the Heavily Indebted Poor Countries Initiative (HIPC), the Cologne Agreement of the G-7, the Trans-Atlantic slave trade, debt relief, the President, and Members of Congress.
Used by permission Africa Action (successor to the American Committee on Africa).
Collection: George M. Houser (Africa collection), Michigan State University Libraries Special Collections