Africa's Odious Debt
November 25, 2012:
![]() | Africa Lost 1.6 Trillion in Capital Flight and Odious Debt Over Forty Years | |
| Léonce Ndikumana: $619 billion of embezzled capital flight from North Africa with connivance of big banks according to new research | ||
![]() | Tunisia to Reject Odious Debt | |
| Leonce Ndikumana: Tunisia to audit foreign debt and reject loans embezzled by former dictator | ||
![]() | Africa and the War Against Offshore Finance | |
| Léonce Ndikumana: To reduce poverty, Africa needs to demand financial transparency as big banks
collude with local corruption | ||
![]() | The Legal Basis to Reject Odious Debt | |
| Léonce Ndikumana and James K. Boyce: International law supports Africa rejecting debts that did not benefit the people | ||
![]() | The Human Cost of Africa's Odious Debt | |
| Léonce Ndikumana and James K. Boyce: The cost of servicing external odious debt leads to tragic underspending on health care and education | ||
![]() | Should Africa Repay its 'Odious' Debts? | |
| Boyce and Ndikumana, authors of 'Africa's Odious Debts', argue that under international law, debts incurred by dictators should not be enforceable | ||