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Campaign to Cancel Africa's Debt
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 Africa's
over $200 billion debt burden is the single biggest obstacle
to the continent's development. Most of this debt is illegitimate,
having been incurred by despotic and unrepresentative regimes.
African countries spend almost $14 billion annually on debt
service, diverting resources from HIV/AIDS programs, education
and other important needs. The U.S. and other rich countries
have resisted calls to cancel this debt, instead proposing
partial solutions that are inadequate and impose harsh economic
policies on indebted countries. Africa Action’s Campaign
to Cancel Africa’s Debt mobilizes pressure on the
U.S. government to push for 100% debt cancellation for all
impoverished African countries without harmful conditions.
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What's New
Africa Action Talking Points on the G8 and Africa
July 6, 2009
"As the G8 leaders meet in Italy for the newest conference, new action must be taken to demonstrate that their stated objectives last year, along with those from 2005, reflect more than just rhetoric..."
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Congress Acts to Tame Prowling Vulture Funds
June 18, 2009
"Today Congresswoman Waters introduced the "Stop VULTURE Funds” Act (H.R. 2932) to the House of Representatives. Africa Action commends the leadership shown by U.S. congressional representatives and urge that it receive support by the full House so that it can move forward for Senate review. Click here to see which countries are affected by Vulture Funds..."
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100 Days Pass Obama Administration
April 30, 2009
"The first 100 days of the Obama Presidency has passed. The tone of U.S. foreign policy has changed. It signifies a break from the failures of the past, but with an economic crisis here in the U.S., it would be detrimental to marginalize U.S. policy towards Africa..."
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IMF Headed for Failure in Rescue of Global Economy?
April 22, 2009
"No Blank Check for IMF Without Real Reforms, Say Activists from Africa & Hard-Hit Latvia..."
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Campaign to Cancel Africa's Debt
