Category Archives: Africa

Grand Inga Dam: Another white elephant for the DR Congo

Posted on November 21, 2011 by Probe International

(November 21, 2011) An article in the Daily Maverick argues that the proposed Grand Inga Dam in the DR Congo is a “beautiful vision” that would “fix Africa” by “lighting up the heart of darkness”, powering African industries and forcing countries to rely on each other. Continue reading →

Posted in Africa, African Development Bank, Aid to Africa, World Bank (Foreign Aid) | Tagged Africa, congo, grand inga, inga, Mao, Three Gorges | Leave a comment

Africa’s odious debts: a new book reveals links between foreign loans and capital flight

Posted on October 4, 2011 by Probe International

Africa’s Odious Debts: How Foreign Loans and Capital Flight Bled a Continent, by James Boyce and Leonce Ndikumana. Continue reading →

Posted in Africa, Corruption, Multilateral Development Banks, Odious Debts, Odious Debts by Country, Probe International in the News | Tagged Africa's odious debt, capital flight, debt repudiation, foreign loans, James K. Boyce, Léonce Ndikumana, Odious Debt | Leave a comment

Bill Gates: Foreign Aid 2.0

Posted on May 27, 2011 by Probe International

(May 27, 2011) Bill Gates’ version of foreign aid should look to Microsoft’s original recipe for success to empower Africa. Continue reading →

Posted in Africa, Aid to Africa, Foreign Aid, Probe International in the News | Tagged Bill Gates, Corruption, Foreign Aid, Huffington Post, Microsoft, Patricia Adams, property rights, protectionist policies, Rule of Law | 4 Comments

Lugar Urges International Development Banks to Step Up Corruption Cases

Posted on December 17, 2010 by Probe International

(December 17, 2010) U.S. Sen. Dick Lugar announced today that criminal prosecution of firms and individuals caught defrauding the World Bank and the other multilateral development banks is an important deterrent, but use of this tool varies widely among the banks. Continue reading →

Posted in Africa, Foreign Aid, Multilateral Development Banks (Foreign Aid), Odious Debts | Tagged African Development Bank, Asian Development Bank, Corruption, fraud, Inter-American Development Bank, Odious Debts, World Bank | Leave a comment

Rewarding corruption: World Bank gives more money to corruption-riddled Uganda

Posted on October 14, 2010 by Probe International

(October 14, 2010) While corruption in Uganda becomes more endemic, the World Bank continues to hand over millions of dollars of foreign aid funds – not realizing that this money is making the situation worse, writes Brady Yauch. Continue reading →

Posted in Africa, Aid to Africa, Foreign Aid, Odious Debts | Tagged Corruption, Dam, Odious Debts, Probe International, taxes | 7 Comments

Going After Government Looters

Posted on June 11, 2010 by Probe International

(June 11, 2010) Matthew Saltmarsh from the New York Times says the citizens of the Maldives are demanding former president Maumoon Abdul Gayoom hand over the millions he stole while in power. Continue reading →

Posted in Africa, Odious Debts | Tagged Odious Debts | Leave a comment

African leaders call for tax reform, not foreign aid

Posted on May 11, 2010 by Probe International

(May 11, 2010) A number of African leaders are now saying that foreign aid is no longer the only answer to economic development of the continent. Instead, they are calling for reform of the tax system, pointing out that Africa currently has one of the lowest tax-to-GDP ratios in the world. Continue reading →

Posted in Africa, Odious Debts | Tagged Odious Debts | 16 Comments

Whatever it takes

Posted on May 10, 2010 by Probe International

(May 10, 2010) A report sponsored by the United Nations, and overseen by Jeffrey Sachs, urges rich countries to spend more on cutting hunger and poverty in the developing world. But there are still plenty of cynics. Continue reading →