The New Debt Crisis


Structural adjustment, loans, corruption and profits – the case of Mozambique

Wann: 18. November 2017 - 8:30 - 18. November 2017 - 17:00

A new debt crisis is looming and threatens to force African governments to surrender their sovereignty to international financial institutions and to accept structural adjustment programmes that impose reductions in their social spending.

A case in point are the loans amounting to more than USD 2 billion given to three Mozambican shell companies by the banks Credit Suisse and the Russian VTB.

The objective of the conference is to understand the mechanisms of indebtedness and how the latter curtails the policy-making capacity of indebted countries, increases poverty and inequality and prevents true development.

Organizers: KEESA – Kampagne für Entschuldung und Entschädigung im Südlichen Afrika, Zentrum für Afrikastudien Basel and Afrika-Komitee

For the detailed program:



Basler Afrika Bibliographien
Klosterberg 23, 4051 Basel
4051 Basel



Until 14th November to:

or to

P.O. Box 195
4005 Basel

Phone +41 61 681 80 84 (fepa)

or via subscribe form on this site

Fees: CHF 50.–/CHF 25.– (students)

To be transferred until 14th November to PC 30-494115-9, IBAN CH8209000000304941159

4005 Basel

or cash at the conference; Lunch not included.