Politics & Economy

African states are hoping to turn debt into climate action as they seek innovative financing solutions that include a push to restructure their sovereign debts to support climate adaptation and conservation projects.

The game, which the AU and GIZ developed, aims to raise awareness, educate and inform the public, particularly youth, on the mandate of the AU to promote good governance, peace and security in Africa.

This is the image of the Queen that many will remember: an older woman, dressed pristinely, clutching her iconic, familiar handbag. While she was head of state throughout many of the seismic political, social and cultural changes of the 20th and 21st centuries, the fact that she rarely gave a political opinion means she successfully navigated the monarch’s constitutional political neutrality.

The inability to make timely debt service repayments, due a myriad of internal and external factors, including COVID-19 and the Russia-Ukraine crisis, have increased concerns about an impending debt crisis in Africa. Debt suspension and debt relief are laudable initiatives, but a radical step towards debt cancellation can free the world’s poorest countries from the unending cycle of unsustainable debt-service payments, abject poverty, and underdevelopment.