A clear plan that would move power over debt from colonial institutions to a more representative body is on the table. The African Union (AU) has declared 2025 to be the Year of Reparations. The Pope has announced 2025 as a Jubilee Year, a year in which debts should be forgiven. And the United Nations has decided that the fourth Financing for Development conference in Seville in June-July 2025 will look to reform the international financing architecture. Just two decades on from the celebrated Jubilee campaigns, we are back in debt crisis and the key lesson is that debt cancellation … Continue reading Why 2025 could be a turning point in Africa’s debt emergency