Privatisation imposed by the World Bank and the IMF can be harmful to the most…
Sub-Saharan Africa
Environment
Commentary
Chad-Cameroon: oil and poverty reduction don’t mix
Despite World Bank involvement, the Chad Cameroon petroleum project has confirmed that under authoritarian regimes there is a fundamental incompatibility between poverty alleviation objectives and oil exploitation activities.
Accountability
News
IFC project on Bushmen’s land
Most of the Bushmen of a Kalahari reserve in Botswana have been evicted to make way for exploitation of diamonds. Now the International Finance Corporation (IFC) is funding further exploration.
Rights
News
Toxic waste dump or "world-class site"?
A new film points at contradictions in one of the World Bank's Prototype Carbon Fund projects in Durban, South Africa.
Conditionality
News
IMF paper on NEPAD
A new IMF working paper on the New Partnership for Africa's Development (NEPAD), calls the agreement "visionary".
Rights
News
African right to water
Activists, academics and civil society met in Accra 12-14 May for a conference entitled "Corporate Globalisation & the Scramble for Africa's Water: scrutinising the roles of Bretton Woods Institutions & donor community".
Environment
News
Le projet pétrolier Tchad-Cameroun: leçons préliminaires
Le projet p
Finance
News
Bank hypocrisy over Nestlé claim
A Nestl
Accountability
News
IFIs withhold support from Equatorial Guinea
The IMF and the WB will withhold assistance from Equatorial Guinea until President Obiang accounts for the use of oil revenues.
Conditionality
News
Ghana faces IMF arm-twisting
After the IMF intensified retaliatory measures on Ghana for failing to comply with its requirements, the country now appears eager to please the Washington institution, probably at a high social cost.
Infrastructure
News
Transparency of power agreements faulted
The World Bank recently argued that it could not release the Power Purchase Agreement (PPA) of the Nam Theun II dam in Laos because “it is a proprietary agreement and IDA is not at liberty to disclose it without the agreement of the signatories”.
Social services
Commentary
The Fund or the people?
Mulima Kufekisa Akapelwa, Economic Justice Programme Coordinator for the Catholic Centre for Justice, Development and Peace, says that IMF-forced privatisation leads Zambians to ask who their government answers to.
