Notes from the Civil Society Policy From on 13 April titled "Navigating Africa’s debt conundrum amid multiple crisis: Looking beyond the G20 Common Framework."
World Bank trust fund ESMAP will provide support for domestic market, while IFC will support private sector investment in CCUS.
The divestment follows a 2020 freeze in new IFC direct and indirect investments in for-profit education providers.
World Bank’s backed energy reforms in Nigeria set to raise electricity prices further despite amid Covid-19 pandemic.
IFC’s investments in gig economy platform companies come under scrutiny
World Bank commits to invest additional $5 billion in the Great Green Wall over the next five years, despite shortcomings in its existing investments in the initiative highlighted by IEG.
Activists call for suspension of IMF disbursements, raising alarm about lack of accountability for several African loans.
As Nigeria enters a deepening economic recession, a $750 million World Bank programme for results (P4R) loan has resulted in increased electricity tariff rates for most Nigerians.
Bill withdrawn after allegations of misconduct, as Nigerian civil society mobilises against water privatisation.
Case continues troubling trend of increased ISDS claims from fossil fuel industry.
Early evidence suggests IMF programmes are maintaining long-term fiscal consolidation targets, while World Bank further continues Maximizing Finance for Development narrative amidst Covid-19 crisis.
World Bank water privatisation push in Africa criticised by civil society that are calling for a rights-based approach.