(June 13, 2005) Kenyan MP Paul Muite called on Kenyan leaders to stop whining about the debt waiver initiated by Britain and suspend payment of Kenya’s debt for five years instead and redeploy the money to needy sectors such as education, health and infrastructure.
Lifting Africa’s debt sentence
(June 13, 2005) As G8 announces new relief package, observers fear cycle will just repeat itself.
Legalities in repudiating Nigeria’s foreign debt
(June 13, 2005) At no other time in history has Nigeria’s debt crisis resonated so much in national and international discourse. Viewing the issue from a legal perspective, Remi Ogunmefun advocates a legal showdown with Nigeria’s western creditors.
Forget the corruption, says Geldof
(June 10, 2005) Fears over corrupt African regimes should not be used to delay aid to the poverty-stricken continent, Bob Geldof said yesterday.
G-8 leaders reach compromise on African aid
(June 8, 2005) A series of communiques scheduled to be issued as the Group of Eight summit drew to a close will pledge to double assistance to reduce poverty and fight disease in Africa, the world’s poorest continent.
Repudiating Third World debt
(June 1, 2005) The devastation caused by the Third World’s debt is finally getting the attention it deserves. Many of you will have read in the newspapers about the plans of world leaders to finally forgive the dreadful debt that the world’s poorest have been burdened with. But why are the lenders – mostly northern governments and their agencies, such as the World Bank and IMF – suddenly arguing for debt forgiveness when before they so stubbornly argued that Third World nations must repay their debts?
Africa is crying out for justice
(May 28, 2005) In the lead up to the G8 summit at Gleneagles, Scotland, this July – where Africa is expected to be a main focus of discussion – Demba Moussa Dembele, of the African Forum on Alternatives, cautions Africans to curb their expectations.
Lugar ties reforms to US$3.7 billion reauthorization for multilateral development banks
(May 26, 2005) U.S. Senate Foreign Relations Committee Chairman Dick Lugar today introduced legislation calling for reforms to bring greater transparency and accountability at the five multilateral development banks.
Past corruption is Nigeria’s ‘biggest single problem’
(May 25, 2005) The “biggest single problem” Nigeria faces today is the “corruption of the past” which is “hanging over” its future economic growth in the form of a large external debt, an international corruption and transparency expert has told the United States Congress.
Declare Nigeria’s debt null and void
(May 22, 2005) In the same situation, western leaders would “quickly declare the debt null and void” and “drag our leaders and business people” involved in “debt fraud to every court in the world … for dare conniving with their illegitimate leaders.”
African women blame leaders for continent’s poverty
(May 18, 2005) Women at a two-day conference in Nairobi to launch an African women’s intiative on poverty and human rights have declared the continent’s leaders are responsible for the numerous problems facing Africa, the Ghana News Agency (GNA) reports.
Leaky bowls
(May 18, 2005) The direct transfer of development assistance to African "vampire states" from Western governments that "do not want to criticize black African leaders for fear of being labeled racist" are two related aspects hobbling international aid programs, a Ghanaian scholar and author charged earlier this month, the Canadian-based Embassy magazine reports.
Commission for Africa
(May 14, 2005) Africans should not blame Mr Tony Blair, the newly re-elected Prime Minister of Britain, for attempting to redress through the Commission for Africa report, decades of imbalances and injustices visited on Africans by both African rulers and their western
collaborators.
Uganda’s debt up by 50 percent
(May 13, 2005) According to a report by the Uganda Debt Network odious debt is "hampering" Uganda’s rate of development and expenditure on "essential services for poverty-reducing sectors" such as primary education, primary health care, and others.
Development banks a US priority, Treasury official says
(May 11, 2005) The Bush administration’s budget request of $1.33 billion to co-fund multilateral development banks (MDBs) would advance reforms aimed at making those banks more effective, a top Treasury Department official says.


