Ndaywel Fay, Lisalisi Project.

Ndaywel cites the huge debt of over 300 billion dollars owed to foreign creditors as being the greatest obstacle to Africa's developement. The top eight countries in Africa alone have to spend 13.5 billion dollars servicing this debt every year. This crippling burden prevents investment and maintenance of health care, education, and the development of sustainable economies. Historically, these debts were acrued by irresponsible lending to corrupt and dictatorial Governments - the money did not go the African people. It is both both morally unjust and of questionable legality that money lent under such conditions should have to be repayed by the contemporary countries and peoples of Africa. Nor can it equal the price of the plunder that Africa was subjected to for so long by those powerful nations. The G8 should drop the debt.