Jubilee 2000 co-founder, Ann Pettifor, to headline GITFiC 2025

Jubilee 2000 co-founder, Ann Pettifor, to headline GITFiC 2025



Ann Pettifor, the British economist who became a global figure in the fight for debt relief, will deliver the keynote address at the 9th Ghana International Trade and Finance Conference (GITFiC).

Pettifor is best remembered for her pivotal role in helping Nigeria secure one of the most remarkable debt deals in modern African history. Between 2004 and 2005, she worked closely with Nigeria’s Debt Management Office. She also collaborated with the then Minister of Finance, Ngozi Okonjo-Iweala, to negotiate the clearance of more than $30 billion owed to the Paris Club of official creditors. The deal restored fiscal breathing room to Nigeria’s economy. It also set a precedent for how developing nations could reset their debt burdens.

Her influence on the global stage extends far beyond Nigeria. She was one of the driving forces behind the Jubilee 2000 campaign. The grassroots movement galvanised world leaders and ultimately secured the cancellation of more than $100 billion in external debts for 42 of the world’s poorest countries. Backed by churches, trade unions, and civil society groups, the campaign reshaped conversations around sovereign debt and international finance.

In recognition of her contributions, Nigeria’s former president Olusegun Obasanjo conferred on her the Member of the Order of the Niger (MON) in 2002, a rare honour for a foreign national.

Today, Pettifor serves as Director of Policy Research in Macroeconomics (PRIME), a UK-based think tank focused on sustainable finance and economic justice. She also sits on the Scottish Government’s Just Transition Commission, where she advises on climate finance and equitable economic policies.

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9th Edition of GITFiC

At GITFiC 2025, she will act as both keynote speaker and lead discussant for the Global Debt Initiative and the GITFiC Agenda 2031. She is expected to bring decades of experience in global finance and advocacy into the ongoing dialogue on Africa’s debt sustainability.

The 9th edition of the conference, scheduled for October 29 to November 2 in Accra, will revolve around two major themes: the second Global Debt Initiative and the maiden AfCFTA Tertiary Students’ Congress.

Selasi Kofi Ackom, CEO of GITFiC, said the Global Debt Initiative was born out of the realisation that externally imposed solutions often failed to meet Africa’s needs.

“Over the past years, we noticed that solutions designed outside Africa for Africans were not helping the continent’s financial architecture,” Ackom noted.

“This highlighted the need for an integrated, indigenous African financial architecture—cooked by Africans, made for Africans, and implemented by Africans. This vision gave birth to the Global Debt Initiative.”

 

David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.

With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.



Source: Businessday

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