Africa
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“No Fist Is Big Enough to Hide the Sky”: 100 Years of Amilcar Cabral
12 September 2024 - by Balasingham Skanthakumar
Anti-Colonialist and anti-imperialist, party organizer and guerilla warfare strategist, diplomat and publicist, revolutionary theorist and internationalist, Amílcar Cabral was among the most original Marxists of the 20th century. Amílcar Lopes (...) -
1944-2024, 80 years of interference from the World Bank and the IMF, that’s enough !
The World Bank did not Foresee the Arab Spring Popular Uprisings and still Promotes the very same Policies that triggered them
11 September 2024 - by Eric Toussaint
The World Bank and the IMF are 80 years old. 80 years of financial neo-colonialism and the imposition of austerity policies in the name of debt repayment. 80 years is enough! The Bretton Woods institutions must be abolished and replaced by (...) -
Laundering Carbon—The Gulf’s ‘New Scramble for Africa’
8 August 2024 - by Adam Hanieh
In early November 2023, shortly before the COP28 summit opened in Dubai, a hitherto obscure UAE firm attracted significant media attention around news of their prospective land deals in Africa. Reports suggested that Blue Carbon—a company (...) -
The Abidjan Final Declaration
The fourth CADTM-Africa University, in coordination with the World March of Women (WMW) and the National Forum on Economic and Social Strategies (FNSES),
29 July 2024 - by CADTM Afrique
Under the slogan “Avoiding the Scenario of ‘Lost’ Economic Decades: A Feminist Perspective on the Debt Crisis in Africa, the Necessary Reform of the International Financial Architecture, and the Global Tax System”. The Coordination of feminist (...) -
Samir Amin’s diagnosis of worst-case racial capitalism
11 November 2023 - by Patrick Bond
Abstract: Samir Amin’s critiques of both apartheid-era and post-apartheid political economy contributed to his scathing view of the crucial ‘semi-peripheral’ layer of the world system, a perspective typically ignored in binary formulations of (...) -
Capacity-building seminar for Togolese women and civil society organisations on illegitimate debts, their impact on human rights and possible alternatives
Lomé Declaration
14 September 2023 - by CADTM Afrique, Attac-Togo, Womin, Foundation for a just society
The struggle against illegitimate, illegal, unsustainable and odious debts has been at the heart of the concerns of African and even Western civil society for more than two decades. With this in mind, the Committee for the Abolition of (...) -
What future for seeds under the African Free Trade Area?
23 July 2023 - by GRAIN, Mohamed Coulibaly
The African Union is putting the finishing touches to the draft protocol on intellectual property rights to the agreement establishing the African Continental Free Trade Area (AfCFTA). Once ratified, this text will form an integral part of the (...) -
China Seduces Africa: a Love Story or a Honey Pot? Is it that Simple?
5 July 2023 - by Pierre-François Grenson
Shortly before 2010, China became Africa’s leading tradingpartner, ahead of the United States and Europe [1]. Since then, China’s expansion on the African continent has continued and grown. [2]Between 2000 and 2020, Chinese financialinstitutions (...) -
Full version & Execcutive summary
Africa : the debt trap and how to get out of it
27 March 2023 - by CADTM
Study carried out by the CADTM, the Left Group in the European Parliament - The Left Executive summary and full version in pdf below. Africa was not long spared by the Covid-19 pandemic that submerged the world. The new virus first appeared (...) -
Illicit Financial Flow
14 March 2023 - by High Level Panel on Illicit Financial Flows from Africa
Over the last 50 years, Africa is estimated to have lost in excess of $1 trillion in illicit financial flows (IFFs) (Kar and Cartwright-Smith 2010; Kar and Leblanc 2013). This sum is roughly equivalent to all of the official development (...) -
“If You’re Not at the Table, You’re Probably on the Menu”
10 March 2023 - by Caroline Cornier
Africa, like the rest of the world, is in crisis. Yet Africa is particularly ill-equipped to deal with it, as it grapples with external public debt reaching new records at a time when the central banks of the countries of the North are (...) -
The Dakar Declaration – Pan-African cooperation & global solidarity
1 February 2023 - by Collective
Scholars and activists from Africa, Asia, Europe, and North America, came together to draft the Dakar Declaration last year. The declaration condemns the constraints to Africa’s economic and monetary sovereignty. Against the multifaceted crises (...) -
Who is Financing Fossil Fuel Expansion in Africa?
28 November 2022 - by Urgewald
Africa, an Eldorado for the development of new fossil projects that benefit others. As COP 27 was taking place in Egypt, a new report from the NGO Urgewald pointed to the very high level of fossil fuel projects on the continent. TotalEnergies (...) -
The doctrine of Odious Debt in the context of Africa today
9 November 2022 - by Eric Toussaint
In this slide show presented in Dakar on 26 October 2022 at the 2nd Conference on Economic and Monetary Sovereignty of Africa, Eric Toussaint begins by recalling the definition of odious debt according to the doctrine developed by Alexander (...) -
What African Governments Must Fight for at COP27
25 October 2022 - by Africa Climate Justice Collective
We the African People: In solidarity, stand as women, men, youth, peasants, social movements, community- based and civil society organisations as a united front against the multi-dimensional crisis that is prevailing in our continent. Noting (...) -
Launch | Right to Say NO Information Pack
23 February 2022 - by Womin
Communities across Africa are organising to STOP large destructive extractive activities. They are saying NO to mega hydro dams, industrial food plantations and large-scale fishing, fossil fuel opens in a new windowextraction, false technology (...) -
Report on the situation in Sub-Saharan Africa
18 February 2022 - by Broulaye Bagayoko
Report introduced by Broulaye Bagayoko at the World Assembly of the CADTM network, held in Dakar from 13-16 November, 2021. Context Galloping demographics, structural youth unemployment, the explosion of social networks that disrupt (...) -
Press release
9 days of events in Dakar to boost the CADTM international network’s struggle against illegitimate debt and to contribute to internationalist and feminist answers to the multidimensional crisis of capitalism
5 November 2021 - by CADTM International
From 8 to 16 November 2021, the CADTM International network will be meeting in Dakar (Senegal) to boost its struggle against illegitimate debt, whether public or private, in the North as in the South. First a feminist seminar will be devote to (...) -
While 282 million Africans go to bed hungry every night
1 October 2021 - by Carol Thompson
More than 500 indigenous and farmer organizations across the continents have raised their voices to expose the UN’s Food Systems Summit as only advocating one food system—so they’re being silenced. The United Nations Food Systems Summit (UNFSS) (...) -
Debt relief & the Paris Club historical perspective | Overview of debt in Africa
19 May 2021 - by Eurodad, Rémi Vilain, Jaime Atienza, Tirivangani Mutazu, Muchimba Siamachoka
The third session of the Debt Wednesday’s training course will introduce the concepts of debt relief, together with an historical perspective of the Paris Club. Participants will give a closer look to the debt situation in Africa. Panelists (...) -
The North’s New Debt Trap for the South
An unsustainable burden of debt afflicts the peoples of Sub-Saharan Africa
10 May 2021 - by Eric Toussaint, Milan Rivié
In Sub-Saharan Africa, where health spending and human development levels are in a dramatic state, there is a stronger case than ever for unilateral suspensions of debt payments based on arguments recognized in international law; such as state (...) -
Africa: How France Continues to Dominate Its Former Colonies in Africa
26 April 2021 - by Ndongo Samba Sylla, Fanny Pigeaud, Chris Dite
In France’s former African colonies, imperialist monetary policies from Paris continue to cripple domestic economies and undermine democracy. Colonialism in Africa won’t have meaningfully come to an end until true economic sovereignty is allowed (...) -
Stand with Africans to Cancel the debt!
5 February 2021 - by CADTM Afrique, Womin
Debt cannot be repaid, first because if we don’t repay, lenders will not die. That is for sure. But if we repay, we are going to die. That is also for sure. Thomas Sankara, 1987 African movements unify to campaign for the cancellation of (...) -
Planting budgetary time bombs in Africa: the Macron Doctrine En Marche
14 January 2021 - by Ndongo Samba Sylla, Daniela Gabor
‘A French Jeremy Corbyn, and in power!’ you’d think after reading the first few paragraphs of Macron’s recent interview in Le Grand Continent. He condemns the Washington Consensus, the paradigm of ‘less state intervention, privatisations, structural (...) -
What do FTAs mean for African women? A critical look into the African Continental Free Trade Area
15 December 2020 - by GRAIN
The recently ratified African Continental Free Trade Area (AfCFTA) looms over Africa. An initiative of the African Union, this mega free trade deal aims to consolidate African markets, boost trade between African countries, and ultimately (...)
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