Africa's Odious Debt

Africa Lost 1.6 Trillion in Capital Flight and Odious Debt Over Forty Years

November 25, 2012

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

August 24, 2012

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

Africa and the War Against Offshore Finance

July 26, 2012

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

October 26, 2011

Léonce Ndikumana and James K. Boyce: International law supports Africa rejecting debts that did not benefit the people

Should Africa Repay its ‘Odious’ Debts?

October 24, 2011

Boyce and Ndikumana, authors of ‘Africa’s Odious Debts’, argue that under international law, debts incurred by dictators should not be enforceable

The Human Cost of Africa’s Odious Debt

October 24, 2011

Léonce Ndikumana and James K. Boyce: The cost of servicing external odious debt leads to tragic underspending on health care and education