Category: Odious Debts

A big idea for aiding Africa – think small

(September 21, 2005) In the lead up to the annual meetings of the World Bank this weekend in Washington, where Africa will be high on the agenda, economist Korinna Horta and Lori Pottinger of the International Rivers Network Africa program claim the bank’s plan to pursue investment in large-scale infrastructure projects for the continent needs rethinking, based on the failure of past mega-projects in Africa, such as the corruption plagued Lesotho Highlands Water Project.