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  • Africa's Odious Debt


    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

      November 25, 2012

    Tunisia to Reject Odious Debt
    Leonce Ndikumana: Tunisia to audit foreign debt and reject loans embezzled by former dictator

      August 24, 12

    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

      July 26, 2012

    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

      October 26, 2011

    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

      December 7, 11

    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

      October 24, 2011

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