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Statement to the United Nations Financing for Development on Credit Rating Agencies Details / Panel III: Strengthening private creditor and credit rating agencies contribution to pandemic response and recovery Private creditors participation in debt relief initiatives such as Debt Service Suspension Initiative (DSSI) has been insufficient, in part because eligible countries were concerned about the impact of requesting private creditors participation on their sovereign ratings. Official creditors cautioned that the lack of participation of private cred...

Check out our Newsletter for March 2021 Details / Hits: 65 As the global pandemic threatens to cause irreparable damage to economies and citizens’ lives across the African continent, we are reminded of the urgent need to put people before profits and recall the spirit of Pan-Africanism as we strive to “Build Forward Together”. It is in this regard that the African Civil Society Forum on Sovereign Debt which was organised by the African Sovereign Debt Justice Network (AfSDJN), AFRODAD) and the Friedrich Ebert Foundation – AU Cooperation O...

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Terms of Reference: “Linking Illicit Financial Flows to Social protection” Details / Hits: 57 With the support of Act Alliance, AFRODAD will conduct a study that will analyse the link between illicit financial flows (IFFs) and social protection. Emblematic cases to show this link will be drawn from: Zimbabwe, Zambia, Tanzania and Uganda. To adequately fund social protection there is need to expand fiscal space. One of the strategies to increase fiscal space is to curb IFFs. To that end, the study aims to generate knowledge for evidenced base...