NICA, I-PAD to brainstorm on Africa’s debt crisis

<p>The National Institute of Credit Administration Nigeria Chartered and the International Partnership for Africa Development Scotland are partnering to organise a two-day summit on Africa’s debt.</p>, <p>A statement said the summit on sustainable debt and development conclave, has the theme, ‘Africa’s debt conundrum and infrastructural debt deficit: The quest for sustainable debt and development’.</p>, <p>It added that the event would be hosted by the London Postgraduate Credit Management College, England, in September in London.</p>, <p>The statement said, “Africa is squeezing under a crushing debt burden, unable to move faster in its development plans, making the conference a must-attend for all leaders in governments, politics, business, civil society, the media, economy, parliament, judiciary, financial regulatory institutions, subnational authorities etc.</p>, <p>“It is clear to every African country today that the African continent is inexplicably in need of high-impact initiatives to move its developments faster, free itself from the strongholds of debilitating borrowing conditionalities, and entrenched home-grown economic empowerment policy culture.”</p>, <p>The conclave, the statement said, would be structured in a format that optimised interactions, networking and practical experience sharing among the delegates.</p>, <p>It said there would be a combination of keynote presentations, panel discussions and networking sessions.</p>, <p>“This approach allows the speakers to make their respective submissions and receive questions that deepen conversations with conclave delegates,” the statement said.</p>