Togo to Host Debt Sustainability Conference in Lomé in May

Finance
Wednesday, 02 April 2025 12:01
Togo to Host Debt Sustainability Conference in Lomé in May

(Togo First) - Lomé will host an African Union (AU) conference on public debt from May 12 to 14, 2025. The event’s central theme is “Africa’s Public Debt Management Programme: Restoring and Preserving Debt Sustainability.” It is organized by the AU Commission’s Economic Development, Tourism, Trade, Industry, and Minerals Department (ETTIM). 

Representatives from AU Member States, African central banks, regional economic communities, finance ministries, multilateral institutions, and civil society organizations will participate. Policy-makers and financial experts are also expected. 

Together, they will explore collaborative solutions to the African debt puzzle. One of the conference’s top goals is to revise the common African stance on global financial architecture reforms to ease the continent’s debt crisis. The conference will also explore innovative financing mechanisms and recommend practices for mobilizing funds while ensuring sustainability.

The event aims to define principles for sound public debt management and propose policy reforms to secure long-term financial stability for African nations.

The Togolese capital, Lomé, will serve as a platform for redefining debt strategies and strengthening economic resilience against global financial shocks. These discussions align with broader efforts to guarantee sustainable growth across the continent.

This article was initially published in French by Esaïe Edoh

Edited in English by Ola Schad Akinocho

 

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