AFRODAD ECA debt workshop report now available (PDF)

(AFRODAD, Harare, 29 January 2007) An international workshop on Export Credit Agencies (ECAs) and their role in the indebtedness and environmental degradation of Africa was held in Yaoundé, Cameroon on 17 and 18 October 2006. Research into the impact of ECA funding in Cameroon, Nigeria and Zambia showed that the largest part of the borrowing went towards non-developmental consumer goods and general services and identified problematic projects, including critiques from African business that ECA credit favours trade rather than investment.