NAIROBI, Kenya — African countries must move beyond managing public debt and focus on transforming their economies to permanently escape the continent’s debt cycle, a regional trade expert has said, writes Winston Mwale.
Jane Nalunga, executive director of the Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI), made the call in an exclusive interview with AfricaBrief after the sixth African Conference on Debt and Development (AfCoDD VI) in Nairobi.
Nalunga said the newly adopted Common African Position on Debt (CAP) would remain another declaration unless African governments,…