(February 10, 2005) So dear old Bob Geldof is profoundly bored with Africa. Or at least he’s bored with Africa’s slow pace of change.
Highlands water partner up on bribery
(February 9, 2005) Yet another official involved in the scandal-plagued Lesotho Highlands Water Project has been called on to face charges of corruption and bribery.
Debt relief small step for poor Africa
(February 8, 2005) Malawi is $2.9 billion in debt but the cash that was borrowed hasn’t done Simao Aloni or his home village of Chiromo any good. Campaigners for debt relief argue that as a result, the people of dirt-poor Malawi shouldn’t be burdened with it.
UK envoy tells of massive rot in Kibaki government
(February 4, 2005) Fresh claims by the British High Commissioner to Kenya, Sir Edward Clay, that the government abets corruption within its ranks have elicited angry reaction in Nairobi.
‘N315bn looted funds in British banks’
(February 3, 2005) Britain said yesterday that over £1.5 billion (about N315.53 billion) of Nigeria’s looted funds are frozen in various British banks.
The impact of debt burden on women
(February 2, 2005) The early 1980’s financial crisis faced by many countries in the South had unpayable debt service as the immediate cause that was precipitated by the tight money policies in the rich countries that drastically hiked international interest rates. The debt debate ignores the fact that debts were contracted as a result of borrowing by undemocratic governments that were not mandated by the people.
‘Africa bores me,’ says Live Aid rocker Bob Geldof
(February 1, 2005) “The pace of change is far too slow, and Africans excuse their own complicity in exactly the same way as our politicians,” he said.
How the west dug holes for the poor
(January 31, 2005) During the cold war, the developed nations lent willingly to Africa. No worries then about how corrupt dictators might misuse the money or line their own pockets.
Dealing the debt
(January 27, 2005) As the ‘Make Poverty History’ lobby takes up a new call for redistribution between the first and third worlds Jon Harle wonders what part debt actually plays in poverty.
‘Outposts of tyranny’ list is selective
(January 25, 2005)The list is as interesting for the countries it leaves out as for the countries it includes.
Time to find embezzled millions: opinion
(January 18, 2005) Money embezzled and hidden in foreign banks by African government officials is a potential new source of funds for the continent, a US-based academic has suggested.
UN urges rapid action on poverty
(January 17, 2005) A major UN report on world poverty has urged a vast increase in development aid to the world’s poorest countries.
New chance for African debt relief
(January 17, 2005) Recent agreements by the Paris Club of donor nations surrounding sovereign debt relief for Iraq as well as tsunami-hit countries represent an opportunity for progress in debt relief on the African continent as well: finance minister.
It takes two
(January 14, 2005) Countries sending funds to Indonesia are right to be concerned about the exploitation of relief, but Indonesians are not the only ones who might be tempted.
World Bank president’s ‘mixed legacy’
(January 7, 2005) World Bank President James Wolfensohn’s recent announcement that he was unlikely to stay in his post as head of one of the world’s most powerful financial institutions, cast his decade-long legacy into the spotlight this week.
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