CIAO DATE: 08/04

Africa's Debt: Fueling the fire of AIDS

Abstract

Africa is the world's poorest region, and most of its people live on less than $1 a day... but African countries owe $300 billion in foreign debt. This is a huge financial burden on the people of Africa. While African countries struggle to cope with the HIV/AIDS crisis and with extreme poverty, they must spend millions more on debt repayments than on their own urgent priorities.

Full Text (PDF format, 2 pages, 77.8 KB)