President of Kenya William Ruto (C) surrounded by other African leaders delivers his closing speech during the closure of the Africa Climate Summit 2023 at the Kenyatta International Convention Centre in Nairobi, Kenya on September 6, 2023. PHOTO | LUIS TATO | AFP
The African Union is pitching what it touts as a local solution to survive mounting debt for members. And the proposals could be tabled to member states as soon as the next summit, signaling the latest concerns about the potential of debt to drain economic targets.
The revelations emerged last week at a conference on debt in Dakar, Senegal where officials explained the policy direction.
