Concerns raised about planned World Bank-backed private sector dam in Uganda.
Sub-Saharan Africa
Infrastructure
News
Nigerians condemn IFC collaboration with Shell
Niger Delta-based organisations outraged over pending World Bank loan for a joint project with Shell Oil in Nigeria, saying IFC favours profitability over local environmental and social concerns.
Environment
News
Chad Cameroon arrest
Yorongar Ngarlejy arrested, supporters urge halt to Bank-backed oil project.
Infrastructure
News
Nigerians condemn IFC collaboration with Shell
IFC plans for a joint project with the Shell oil company in Nigeria have been condemned by Niger Delta-based community organisations and international human rights groups.
Finance
News
IMF and WB wanted for fraud
Protesters carrying placards proclaiming “Africa Needs Liberation Not Charity” and “the Debt is a Fraud” gathered outside World Bank offices in London on 26 May to mark African Liberation Day.
Conditionality
News
Malawian NGOs recommend PRSP improvements
Following a successful bid to extend the PRSP process in Malawi, the Malawi Economic Justice Network has appraised the process with a view to informing and improving the next stages.
Finance
News
Africans query World Bank, IMF governance mantra
A week-long “listening tour” brought World Bank President James Wolfensohn and IMF Managing Director Horst K
Rights
News
Southern African Bank watch
The Alternative Information and Development Centre (AIDC), based in Cape Town, South Africa, has launched a newsletter to monitor the World Bank and IMF activities in Southern Africa.
Conditionality
News
“Joke” Malawian PRSP deadline extended
Civil society organisations in Malawi which described the PRSP process there as “a joke” have succeeded in persuading their government to extend the process.
Land
News
Some progress on Mozambique cashew, sugar liberalisation
Mozambique has won more flexibility in its five-year battle with the World Bank and IMF to restrict the export of unprocessed cashew nuts.
Environment
News
Concern on African pipeline watchdog
In early March the World Bank Group announced a special International Advisory Group (IAG) to oversee the controversial Chad-Cameroon oil pipeline project.
Infrastructure
News
Kenya faces new aid embargo
In January the IMF and World Bank threatened to cut off Kenya from more than $450 million in aid as a result of a parliamentary bill on interest rate controls.