Speaker of Parliament, Rt. Hon. Alban Sumana Kingsford Bagbin will host African parliamentary leaders in Accra in October for a debt summit aimed at finding practical solutions to the borrowing crisis weighing on the continent.
The announcement came after a closed-door consultative meeting at the Speaker’s office where a Ghana International Trade and Finance Conference (GITFiC) delegation met with the Speaker of Parliament for the second time to discuss the organisation’s Global Debt Initiative and the role African parliaments can play in pushing it forward.
Rt. Hon Bagbin, who serves as President of the Conference of Speakers and Presidents of African Legislatures (COSPAL), will use that platform to formally invite Speakers and Presidents of Parliaments from across Africa to the 10th GITFiC Annual Meeting, scheduled for Accra in October 2026.
The gathering will also host the Second AfCFTA Tertiary Students’ Congress.
Discussions at the meeting centred on progress made at the first and second Global Debt Initiative meetings and how Bagbin can help implement agreed action plans ahead of the third.
He traced the roots of Africa’s debt crisis and pointed to GITFiC’s work under Agenda 2031 as a practical path toward better debt management, sustainability, and cancellation for Africa and the broader Global South, while guarding against a return to unsustainable borrowing.
He directed his office to fully commit to the agreed action plans.
The GITFiC delegation was led by Mr. Samuel Sarpong and included members of the National Technical Working Committee on Agenda 2031, which oversees the Global Debt Initiative and AfCFTA implementation.
Richard Aniagyei, ISD
