The IMF looks set to repeat mistakes which led to the demise of Mozambique’s cashew processing industry.
In Malawi in May, a peaceful official demonstration, led by the Congress of Trades Unions, against IMF and World Bank reform policies and calling for the government to consider peoples’ needs before conceding to donors’ demands was broken-up by police with tear gas.
A new book on South Africa includes fascinating material on the World Bank’s role as policy advocate for the post-apartheid era.
In May Chadian and international organisations called for the World Bank to delay its decision on funding the proposed Chad-Cameroon oil pipeline, scheduled for early June.
In April protesters outside a Lusaka hotel where IMF and Zambian officials were meeting were dispersed by armed riot police in Zambia.
The IMF has told the transition government in Cote d’Ivoire that it should cut government spending after finding that spending was more than double the level agreed by the former president, who was overthrown in December 1999.
Threats of oil prices rises sparked protests in Nigeria in December.
The Mozambican Debt Group (MDG) has protested against the one-year moratorium on Mozambican debt service payments granted by the World Bank in response to the devastation caused by the worst floods experienced by the country, and against the Bank providing loans to support emergency efforts.
The oil companies involved in the Chad- Cameroon oilfield and pipeline project have pulled out of the planned deal.
In late February two Ugandan organisations sent a strong memo to the World Bank about the proposed Bujagali Dam Project.
African heads of state met in Libreville, Gabon in January to discuss the economic agenda for Africa in the new millennium.
Zambian President, Fredrick Chiluba has blamed the IMF for Zambia’s economic problems, saying that the IMF’s reforms, advocated by rich countries, had brought unemployment and a rise in poverty levels.