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Blog Post
December 06, 2022
If the Biden administration wants to forge stronger bonds with African governments in the lead up to mid-December’s US-Africa Leaders Summit, it will have to focus on meeting the needs of those governments during a particularly difficult economic period. One useful but greatly underutilized instrum...
Blog Post
June 23, 2022
The World Bank and other multilateral development banks are historically underutilized assets when it comes to USAID’s development objectives across a wide range of sectors and initiatives. We offer instead a set of recommendations that USAID could implement largely within its own purview, or with a...
Blog Post
January 19, 2021
Last week DFC announced that it signed a framework agreement with the government of Ecuador to refinance up to $3.5 billion of the country’s external debt to China. In exchange, according to reporting by the Financial Times, the Ecuadorian government will commit to exclude Chinese companies from its...
Blog Post
December 18, 2020
This blog proposes some critical steps—many of which are long overdue—that international financial institutions (IFIs) and multilateral development banks (MDBs) must take if their money is to work more effectively to support African countries recover from the pandemic’s fallout.
Blog Post
October 14, 2020
To maximise the impact of this badly needed investment to combat COVID and, most importantly, to avoid any perverse and potentially catastrophic implications of World Bank financing undermining current global efforts led by Gavi and CEPI, we propose that the World Bank commit to the four principles ...
Blog Post
October 08, 2020
While reflecting on DFC’s progress in implementing its core development mandate, and confronting the challenges posed the COVID-19 pandemic, we reached out to Senator Chris Coons (D-DE), a lead sponsor of the BUILD Act and a member of the Senate Foreign Relations Committee. We asked Senator Coons fo...
Blog Post
May 01, 2020
As low- and middle-income countries are hit by the health and economic effects of COVID-19, the international community is working to mobilize billions of dollars in grants, loans, and debt relief. At the moment, it is difficult to get a full picture of the funding on offer, to whom it is given, and...