AFRODAD - African Forum and Network on Debt and Development

During 1992 and 1993 and indeed subsequent years, there was a lot of anxiety in academic research and civil society organizations as well as in Faith Based Organizations (NGOs and FBOs especially) on the structural adjustment programs (SAPs) that were being implemented by African countries as part of their programs with the World Bank and the International Monetary Fund (IMF). The anxiety was centered on both the short and long term effects of SAPs but more importantly, by the reality of a different expectation of what the North could do to save the untenable reality of Africa’s high indebtedness and inability to pay back their debts.