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Eight former African Heads of State and Government, including Nigeria’s Olusegun Obasanjo and Yemi Osinbajo, have signed the Cape Town Declaration, calling for the critical need for debt relief for highly indebted nations and advocating for lower borrowing costs for all developing countries.
The Declaration was signed on Thursday, February 27, 2025, at the launch of the African Leaders Debt Relief Initiative (ALDRI), which reflects the leaders’ commitment to rallying for a comprehensive debt relief strategy for countries in dire financial situations.
The launch of the initiative…
