(March 31, 2005) The Canadian government warned Kenya on Thursday it faced an uphill task in persuading donors to pledge aid at a meeting next month because of concerns over high-level "grand corruption".
One small step for Africa
(March 30, 2005) The Africa Commission report could mark the beginning of the end of Africa’s decline but there is no quick way back up.
The ‘silver lining’ in the Wolfowitz nomination
(March 29, 2005) The nomination of US Deputy Secretary of Defence, Paul Wolfowitz, for the presidency of the World Bank has sparked some positive interest from debt campaigners.
Down and out! Who broke Africa?
(March 24, 2005) The African development conundrum: Western donors and aid agencies compound Africa’s problems because their approach is ‘leader-centred’.
A world built on corrupt foundations
(March 19, 2005) Transparency International’s chief executive David Nussbaum argues that unless increased infrastructure lending to developing countries is accompanied by stringent anti-corruption measures, funding will be undermined or nullified by corruption in infrastructure projects.
Africa debates odious debt
(March 19, 2005) A non-binding resolution passed by Nigeria’s House of Representatives last week to halt payments on the country’s $35 billion external debt has provoked some strong responses.
No longer unforgivable; Nigeria’s debt
(March 19, 2005) Ridiculous though it sounds, Nigeria merits some debt relief.
Africa debates odious debt
(March 19, 2005) A non-binding resolution passed by Nigeria’s House of Representatives last week to halt payments on the country’s $35 billion external debt has provoked some strong responses.
The verdict: to hell with our creditors?
(March 17, 2005) Lagos: When President Olusegun Obasanjo last week received the House of Representatives leadership 24 hours after passing a resolution asking him to stop forthwith further debt service payments, the action was so uncharacteristic that I suspected there might be more to it.
External debt is more political than economic
(March 16, 2005) All Nigerians must get behind the president’s campaign for debt cancellation.
Transparency International says construction most vulnerable to corruption
(March 16, 2005) A new report says construction, more than any other segment of a nation’s economy, is prone to corruption. Global graft watchdog Transparency International in its Global Corruption Report says that corruption is often so bad it "plunders the economy . . . and ravages the environment.
Goverment must implement Procurement Act to check corruption: Ghana
(March 16, 2005) The Ghana Integrity Initiative (GII) has called on the country’s government to implement legislation that will allow it to subject ministers and public officials to greater degrees of scrutiny, particularly in regard to construction contracts.
US’s Lugar to propose multilateral bank reforms
(March 14, 2005) US Senate Foreign Relations Committee Chairman Richard Lugar will soon propose reforms to encourage increased accountability at multilateral financial institutions.
When the money goes west
(March 14, 2005) If the ill-gotten gains of the corrupt elite went into, say, mobile-phone companies at home, it wouldn’t be so bad. But the funds always go overseas.
Debt repudiation has its costs – Muhtar
(March 13, 2005) Lagos: Dr. Mansur Muhtar is the man in charge of managing Nigeria’s debt portfolio. In this interview with Tunde Rahman, he says the option of foreign debt repudiation as canvassed by the House of Representatives has its implications for the country. He also gives insights into the debt over-hang bedeviling the country.
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