Sub-Saharan Africa

Environment

News

Contract transparency missing as IFC expands oil investments in Africa

As the World Bank's private lending arm, the International Finance Corporation (IFC), expands its role in the African oil and gas sector, civil society groups are insisting that it adopt a requirement for full contract transparency in all of the extractive industries projects that it finances.

22 September 2009

Conditionality

News

IFIs and Zimbabwe

The allocation of special drawing rights to Zimbabwe have stirred controversy about whether the country should use these to bolster its flagging public finances, while the fragile coalition government struggles with an external debt burden projected by the IMF to hit almost $7 billion by the end of the year.

22 September 2009

Rights

News

Inspection Panel raps World Bank in Ghana

A complaint to the World Bank Inspection Panel by the NGO, Centre on Housing Rights and Evictions (COHRE), on behalf of the Agyemankata community has resulted in a report confirming violations of Bank policies on forced evictions and environmental hazards related to a planned landfill near Accra, Ghana.

10 July 2009

IFI governance

News

African leaders call for greater say in IFIs

At the close of March's IMF-Africa conference, South Africa's finance minister Trevor Manuel insisted that a clear message be sent to G20 leaders about the effect the financial crisis will have on African economies.

17 April 2009

Environment

Commentary

Ghana's off-shore nightmare

The IFC ignored due process requirements mandated by the laws of Ghana in the case of the Jubilee oil field project and should not have considered the loan applications at the board. In so dong the IFC is encouraging the infringement of the basic rules of governance and transparency.

17 April 2009 | Guest comment

Accountability

News

Ghanaians calls for expulsion of Bank rep

In January, Ghana Web, a daily news and resource site, issued a sharp attack on the World Bank and its country representative in Ghana demanding that the president expel the World Bank country director in Ghana from his post.

16 February 2009

Environment

News

Poznan and beyond

Recent UN global climate negotiations in Poland highlighted ongoing tension over whether funds will be channelled through the United Nations or the World Bank and once again shone a light on the role of the Bank as a major investor in carbon intensive projects.

13 February 2009

Finance

Analysis

Africa and the making of adjustment

Development economist and professor of African studies Howard Stein examines the evolution of policy in the Bank, focusing on how economists became hegemonic. In this essay he details the origin of structural adjustment, tracing its roots back to a set of neoliberal economists who gained influence at the Bank in the late 1970s.

29 September 2008 | At Issue

Rights

News

Bank paying workers poverty wages

Union Network International (UNI) is fighting the World Bank to ensure that their security workers are paid just wages.

26 September 2008

Accountability

News

IFI inspection mechanisms slam Bank faults in Uganda and Nigeria

The Bujagali dam project in Uganda and the West Africa Gas Pipeline project in Nigeria have been roundly criticised by the World Bank's Inspection Panel.

26 September 2008

Conditionality

News

The IMF, fiscal space and development programmes

IMF programmes for low-income countries continue to restrict governments' choices of how to fund development and how to manage the trade-offs.

26 September 2008

Environment

News

New African dams to power mining

Two dam projects are being rushed to power the mining booms in Africa.

17 June 2008