Activists on Sunday called for a comprehensive audit of Africa's crippling debt burden, currently estimated at over $300-billion.
The call was made by representatives of social movements from ten African countries, as well as Brazil, Argentina and the Philippines, at the end of a three-day workshop held in Cape Town under the banner of the Jubilee South network.
In a statement that also attacked South Africa's "sub-imperial" role on the continent, they said Africa spent over $15-billion a year on debt repayments to wealthy nations and institutions.
This was at the expense of basic social services, food security and diversified economic production.
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