Because in Mozambique, one in four children dies before age five due to infectious diseases, yet the government spends four times more on debt servicing than on health care. Because Africa's unpayable debt is a major deterrent to foreign investors. Because every child born to the continent bares the burden of paying off illegitimate loans, with their education, their health and their future . September 2000 Activists Speak Out For Debt Cancellation 1. All Debts are forgiven in the Jubilee Year.
Debtors make a new beginning.
Archbishop Desmond Tutu 2. International debt is as vicious as the Trans-Atlantic slave trade. All Africa African Conference of Churches 3. Africa's debt burdens are the new economy's chains of slavery. Servicing the debt takes from the most impoverished to give to the most affluent.