October 09, 2023
Africa: Faced With Crushing Debts, World's Poorest Nations to Slash Public Spending By Over 229 Billion Dollars
The World Bank and the International Monetary Fund (IMF) are returning to Africa, for the first time in decades, with the "same old failed message". Read more »
September 27, 2023
Africa: Don't Count On Public-Private Partnership Solutions
In recent years, public-private partnerships (PPPs) have spread rapidly. While usually profitable for the private partners, PPPs have generally not served the longer-term public… Read more »
September 04, 2023
Africa: Civil Society Organizations Unite to Urge Public Development Banks to Change the Way Development Is Done
In the midst of a complex web of crises, spanning climate change, biodiversity depletion, constraints on civic space and mounting debt burdens, civil society organizations and… Read more »
April 06, 2023
Africa: Transforming Education With Equitable Financing
With schools now reopened around the world, countries are called to take transformative action on education financing to recover and accelerate learning for all children,… Read more »
February 15, 2023
Africa: World Leaders, Private Sector Urged to Establish an International Green Bank to Win Climate Change Battle
As the effects of climate change escalate and natural disasters such as earthquakes, floods, and droughts become more frequent and severe, threatening lives and livelihoods,… Read more »
January 26, 2023
Cape Verde: Cabo Verde Launches Blue Bond on Regional Sustainable Finance Platform
On 20 January, the world's best sailors arrived in Mindelo, Cabo Verde, completing the initial leg of the 2023 edition of The Ocean Race. Coinciding with this stop was the launch… Read more »
December 13, 2022
Africa: Needed Global Financial Reforms Foregone Yet Again
Calls for more government regulation and intervention are common during crises. But once the crises subside, pressures to reform quickly evaporate and the government is told to… Read more »
November 04, 2022
Africa: Revealed - Rich Countries 'Miserably' Fall Below Their Climate Promises, Further Indebt the Poor #AfricaClimateCrisis
Just a few days ahead of the UN Climate Conference (COP27) in Egypt (6-18 November), new revelations show how far rich, industrialised countries -those who contribute most to the… Read more »
Africa: COP27 - a Climate Summit Following Empty Promises & Funding Failures
The COP 27 climate summit is taking place amid a rash of political, economic and environmental upheavals, including missed funding and emission targets, increased pollution and… Read more »
October 21, 2022
Africa: Public Development Banks Can't Drag Their Feet When It Comes to Building a Sustainable Future
A coalition of civil society organisations is demanding public development banks (PDBs) to take radical and innovative steps to tackle human rights violations and environmental… Read more »
October 11, 2022
Africa: Development Banks Should Reform Their Lending Practices
In the last week of September, emerging market (EM) bond fund outflows hit $4.2 billion, according to JP Morgan, bringing this year's total to a record $70 billion. The exodus, set… Read more »
October 04, 2022
Africa: Ideology and Dogma Ensure Policy Disaster
Central banks (CBs) around the world - led by the US Fed, European Central Bank and Bank of England - are raising interest rates, ostensibly to check inflation. The ensuing race to… Read more »
May 17, 2022
Africa: When Saviours Are the Problem
Central bank policies have often worsened economic crises instead of resolving them. By raising interest rates in response to inflation, they often exacerbate, rather than mitigate… Read more »