Afrodad, Sadc PF sign MoU

THE African Forum and Network on Debt and Development (Afrodad) and the Southern African Development Community Parliamentary Forum (Sadc PF) have signed a memorandum of understanding (MoU) to promote sound financial and debt management policies across Africa.

The agreement, signed in Harare on Tuesday, formalises the collaboration of both organisations in influencing policy by providing technical support to African governments and parliaments to regain their political, economic and social agency as the continent grapples with a multiplicity of crises.

In a statement, Afrodad said the Sadc Model PFM Law lays the foundation to attain the ambitions of the Abuja Treaty in establishing an African Financial Architecture.

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