In July, the Nigerian House of Representatives adopted a non-binding motion urging the federal government to suspend all activities in respect of an IMF standby loan until the conditions were made public.
Sub-Saharan Africa
Rights
News
Chad-Cameroon latest
The World Bank Board approved the Chad-Cameroon oil pipeline project in early June.
Rights
News
Anti-IMF And Bank Protest Tear-Gassed
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.
Knowledge
News
Knowledge Bank’s Power In South Africa
A new book on South Africa includes fascinating material on the World Bank’s role as policy advocate for the post-apartheid era.
Infrastructure
News
Chad Oil Project Nears Decision
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.
Social services
News
Police break up anti-IMF protests in Zambia
In April protesters outside a Lusaka hotel where IMF and Zambian officials were meeting were dispersed by armed riot police in Zambia.
Conditionality
News
IMF demands Cote d’Ivoire austerity
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.
Conditionality
News
Chiluba attack on IMF
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.
Infrastructure
News
IMF oil price increase fuels protests
Threats of oil prices rises sparked protests in Nigeria in December.
Finance
News
Mozambican NGO rejects Bank emergency lending
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.
Rights
News
Chad-Cameroon latest
The oil companies involved in the Chad- Cameroon oilfield and pipeline project have pulled out of the planned deal.
Infrastructure
News
Ugandans condemn Bank on dam and environment
In late February two Ugandan organisations sent a strong memo to the World Bank about the proposed Bujagali Dam Project.
Featured briefings
6 April 2023
World Bank and IMF Spring Meetings 2023
5 April 2023
The global financial architecture and the international debt crisis: An urgent call for reform
Influence of unreformed international financial institutions and creditor interests in debt solutions in low- and middle-income countries plagued by delay and ineffective when undertaken.
4 April 2023