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Originally published by Capital News
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July 2, 2026
3h ago

Africa Losing Billions Through Debt and Illicit Financial Flows, CSOs Say

Africa Losing Billions Through Debt and Illicit Financial Flows, CSOs Say

Speaking during the launch of the Kenyan chapter of the global Freedom from Debt campaign in Nairobi on Wednesday, the AIDS Healthcare Foundation (AHF) Kenya and a coalition of health and human rights organisations described the country's debt burden as a public health emergency ..

✨ Key Highlights

Civil society organizations in Kenya are sounding the alarm over the nation's escalating debt, warning it's creating a public health crisis by diverting funds from essential services.

  • Kenya's public debt has surpassed KSh13 trillion, with nearly 70 cents of every shilling collected in government revenue now going towards debt repayment.
  • The AIDS Healthcare Foundation (AHF) Kenya and a coalition of health and human rights organizations launched the Kenyan chapter of the global Freedom from Debt campaign.
  • Debt servicing consumes 9.2 times more resources than government spending on health, leading to shortages of crucial medical supplies like antiretroviral drugs.

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