Sub-Saharan Africa

Social services

News

World Bank’s IFC ends funding for fee-paying primary and secondary schools

Independent Evaluation Group report highlighted private sector education provision can exacerbate inequality and undermine the public sector school system.

21 July 2022

Environment

News

Mozambique IMF loan moves forward amid serious sustainability and transparency concerns

Fresh $456m IMF loan to Mozambique risks adding to insecurity and debt crisis as LNG projects have fuelled conflict and likely to become stranded assets.

21 July 2022

IFI governance

Background

The IMF’s Resilience and Sustainability Trust: Can an IMF-managed SDRs trust deliver inclusive & sustainable recoveries?

Notes from the 11 April Civil Society Policy Forum - The IMF’s Resilience and Sustainability Trust: Can an IMF-managed SDRs trust deliver inclusive & sustainable recoveries?

14 April 2022 | Minutes

IFI governance

Analysis

Spring Meetings 2022 Preamble: War in Ukraine risks deepening divergent recovery as World Bank and IMF prepare for Spring Meetings

War in Ukraine will have significant spillover effects as Global South continues to carry the burden of vaccine inequity. Debt, austerity and evolving food crisis key talking points of Meetings while unequal recovery, gender, RST and surcharges key issues at CSPF.

14 April 2022

IFI governance

Background

Did pandemic spending go towards a Feminist People’s Recovery in Africa and Latin America?

Notes from Civil Society Policy Forum event on 8 April 2022 titled 'Did Pandemic Spending Go towards a Feminist People’s Recovery in Africa and Latin America?'

8 April 2022 | Minutes

Finance

Analysis

New IMF Resilience and Sustainability Trust (RST) – how to make it work for the Global South

RST must support low- and vulnerable middle-income countries to recover from the pandemic and tackle economic and climate-related structural challenges.

6 April 2022 | Guest analysis

Infrastructure

Analysis

World Bank announces support for CCUS in Nigeria despite criticisms it reinforces fossil fuel dependence

World Bank trust fund ESMAP will provide support for domestic market, while IFC will support private sector investment in CCUS.

6 April 2022

IFI governance

News

Independent Evaluation Office downplays IMF’s promotion of austerity whilst civil society warns of further cuts

Concerns over excessive austerity waved away, despite IEO admission that protection of low-income and vulnerable groups had fallen short.

9 December 2021

Social services

News

Civil society hails IFC’s divestment from for-profit education provider Bridge International Academies

The divestment follows a 2020 freeze in new IFC direct and indirect investments in for-profit education providers.

6 April 2022

IFI governance

Analysis

Annual Meetings Wrap-up: despite urgent climate and development needs, geopolitics and deference to private finance rule the day

Doing Business scandal once again highlights that geopolitical wrangling is key driving force behind Bretton Woods Institutions’ governance structure and policy prescriptions.

19 October 2021

IFI governance

Analysis

G24 communiqué analysis - Annual Meetings 2021

G24 finance ministers called for urgent measures to arrest the unequal recovery from the Covid-19 pandemic.

19 October 2021

IFI governance

Background

Building back better through IDA20: Public investment as a tool for socio-economic transformation in Africa

Notes from the Civil Society Policy Forum session on 7 October on IDA20's replenishment implications with a focus on Africa.

19 October 2021 | Minutes