Sub-Saharan Africa

Environment

News

World Bank ignoring forest communities?

The World Bank has come under fire for its Inspection Panel's decision on the forestry sector in Liberia, while new reports from civil society groups add to the growing backlog of criticism over the Bank's Forest Carbon Partnership Facility (FCPF).

5 April 2011

Accountability

News

World Bank launches new Africa strategy

In March, the World Bank launched its new Africa strategy, outlining three main areas in which it will focus its operations: competitiveness and employment, vulnerability and resilience of citizens, and governance and public sector capacity.

5 April 2011

Conditionality

News

Nigerian economists bash IMF advice

February's IMF Article IV consultations in Nigeria resulted in strong criticism by the Nigerian government, central bank, the Nigeria Economic Summit Group, and economic analysts.

5 April 2011

Finance

News

Uganda: aid withheld after IMF PSI decision

As the IMF refused to sign off on Uganda's first review of the Policy Support Instrument in mid February, fears amounted of declining donor support.

5 April 2011

Finance

News

South Sudan: saddled with IFI debt?

With South Sudan set to become the world's newest - and potentially poorest - country in July, a big question remains about what should be done with Khartoum's $37.8 billion foreign debt, including around $1.6 billion owed to the IMF and $600 million to the World Bank.

17 February 2011

Land

News

World Bank pushes carbon markets in agriculture and climate talks

In the lead up to Cancun climate negotiations, the Bank has used a conference on agriculture and climate as a platform to expand its agricultural activities and link them to its interests in carbon markets, despite new evidence of problems with investment in the sector.

29 November 2010

IFI governance

News

South Africa gains the extra seat on World Bank board

Renosi Mokate, former deputy governor of the South African Reserve Bank, has been elected to the World Bank's board of executive directors.

29 November 2010

IFI governance

News

Sachs argues for transparency

As the International Finance Corporation, the World Bank's private sector lending arm, continues the review of its sustainability policy, performance standards and disclosure policy, Jeffrey Sachs of Columbia University has warned of the importance of transparency and public accountability in the extractive industries.

29 November 2010

Rights

News

World Bank programmes linked to political repression

A mid October report by international NGO Human Rights Watch (HRW), documents how World Bank projects in Ethiopia are being used by the government to repress dissent and weaken political opposition, reinforcing criticisms of Bank funding to countries with widespread reports of human rights abuses.

29 November 2010

Conditionality

News

Swazi unions tell IFIs to "go hang"

The IMF, World Bank, and African Development Bank criticised the 4.5 per cent pay rise of Swazi public servants in August, because of the country's tight fiscal situation.

30 September 2010

Social services

News

IFC finances China investment in Africa

In April, the International Financial Corporation (IFC), the World Bank’s private sector arm, agreed to finance Chinese investment in a Tanzanian commercial complex in Dar es Salaam.

18 June 2010

Accountability

News

World Bank fails to focus on results in health

A newly published report adds to mounting criticism of the World Bank’s approach to health projects.

18 June 2010