The oil companies involved in the Chad- Cameroon oilfield and pipeline project have pulled out of the planned deal.
Sub-Saharan Africa
Finance
News
Jubilee South summit
Jubilee 2000 representatives held a South-South Summit in South Africa in late November.
Infrastructure
News
Chad Cameroon project faces further problems
The World Bank has again delayed a decision on the Chad-Cameroon oil pipeline after further criticism from NGOs in Chad, Cameroon, Europe and the USA.
Land
News
Civil society assesses SAP record in Zimbabwe
In November 250 representatives of civil society met in Harare for the first Zimbabwe national forum of the joint NGO-WB SAPRI (Structural Adjustment Participatory Review Initiative).
Accountability
News
Bribes by companies in Bank-funded African project
A dozen major international dam-building companies involved in the World Bank-funded Lesotho Highlands Water Project (LHWP) have lavishly bribed a top official on the project, allegedly giving nearly US$2 million in bribes over ten years.
Accountability
News
Politics before good policies in Zimbabwe
The IMF has agreed to lend US$7.32 bn to the Zimbabwean government despite continued concerns about corruption in the land reform process; the cost of supporting Zimbabwean troops in the Democratic Republic of Congo (DRC); a planned privatisation of the Hwange power plant; and the reintroduction of price controls.
Finance
News
Africans to challenge Washington Consensus
African NGOs met in Nairobi in August to discuss and formulate an Africa Consensus on economic and social development to challenge the Washington Consensus.
Conditionality
News
Forest conditionality explored
A new paper from the World Resources Institute examines the World Bank’s use of adjustment lending to promote policy reform for favourable environmental outcomes.
Infrastructure
News
Chad-Cameroon discussions reach peak
The Bank is due to decide in the next few weeks whether to support the Chad-Cameroon oil pipeline.
IFI governance
News
Bank Uganda video available
A two-part TV programme giving a behind the scenes look at World Bank/IMF negotiations in Uganda has just been screened in the UK.
Infrastructure
News
Chad-Cameroon pipeline appeal for support
Cameroonian and Chadian groups are appealing for support during the last few crucial months before the World Bank decides whether to support the Chad-Cameroon oil pipeline project.
Infrastructure
News
Experts criticise Chad-Cameroon Oil Plans
Critical findings from a World Bank environmental team have set back the planned approval of World Bank support for the Chad-Cameroon oil pipeline.
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