The National Institute of Credit Administration (NICA) and the International Partnership for Africa Development (I-PAD) Scotland, will in September hold a two-day Sustainable Debt and Development Conclave in London, England, to be hosted by the London Postgraduate Credit Management College (LPCMC).
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According to the Conference Organising Council, which consists of Prof. Chris Onalo, CEO/Registrar of NICA; Shirley Mawer, Advisory Board of Secretary to the LPCMC; and Obumneme Nwafor, Director, Centre for Africa Policy Research and Development Scotland, Africa has a debt crisis and infrastructural deficit as the continent is squeezing under a crushing debt burden and unable to move faster in its development plans.

The organizers note: “It is clear to every African country today that the continent is inexplicably in need of high-impact initiatives to move her developments faster, free herself from the strongholds of debilitating borrowing conditionalities and entrench home-grown economic empowerment policy culture. This all the more makes the conference a must-attend for leaders in governments, politics, business, academics, civil society, parliaments, financial regulatory institutions and subnational authorities.

Some of the speakers at the event include: Dr. Chioma Nwafor, who leads the Quantitative Research team at CEDAF Scotland speaking on The Genesis of Africa’s Debt Conundrum: Made in China or the West?; Dr. Philip Muinde, Chair of the African Council speaking on Rethinking Race in International Development and Debt Sustainability; and Dr. Reinhold Kamati from Namibia Central Bank speaking on the Monetary Policy Trilemma: Navigating Price, Financial and Currency Stability.
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