African Union and Caribbean Community Demand Reparations for Slavery
Global Reparation Fund to be Established, with Slave Trade Costs Estimated at $131 Trillion
- A special committee of the African Union and Caribbean Community, representing 75 countries, endorsed the demand that European states should pay reparations for historical mass crimes.
- Ghana's President Nana Addo Akufo-Addo called for compensation for the millions of African people sold into slavery and for other colonial-era injustices inflicted on the continent.
- Delegates at the Accra Reparation Conference agreed to establish a global reparation fund.
- The African Union and the 20-member Caribbean Community are partnering to form a united front to right historical injustices and ensure the payment of reparations.
- The Battle Report estimates that the global cost of the slave trade could be as high as $131 trillion, both for harm perpetrated during the slave era and damages caused post-enslavement.