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Blog Post
September 05, 2023
EU finance ministers will soon appoint a new president of the European Investment Bank (EIB). Following two six-year terms, the incumbent, Werner Hoyer, will step down, and a new captain will take the helm of the world’s largest multilateral financial institution. The new president comes at a critic...
Blog Post
July 05, 2023
When the EU adopted its seven-year budget in 2020, few predicted the eruption of a full-scale war two years later at its borders. By the end of 2023, the EU will have provided military, economic and humanitarian support to Ukraine to the tune of EUR35.2 billion since Russia’s invasion. But with spir...
Blog Post
June 30, 2023
The European Union (EU)’s arsenal of development finance instruments comprises grants, budget support, blends of grants and loans, guarantees, and trust funds. But little attention has been paid to its macro-financial assistance (MFA) tool. Since the 1990s, it has been deployed to help countries in ...
Blog Post
June 20, 2023
The Paris Summit for a New Global Financing Pact set to take place this week is hot off the heels of the London Ukraine Recovery Conference. The Paris summit is being billed as a moment to rebuild trust between the West and African countries in the face of broken promises, double standards and bifur...
Blog Post
May 22, 2023
The recent Spring Meetings of the World Bank (WB) and the International Monetary Fund (IMF) shone a light on the enormous and enlarging gulf between developing countries’ needs and what high-income countries are currently offering. Already constrained by the economic aftershocks of COVID-19, low- an...
Blog Post
May 04, 2023
Last week, the World Bank published the 2023 edition of its World Development Report (WDR), with a focus on “Migrants, Refugees, and Societies.” The report provides a sweeping overview of the issues facing migrants, refugees, and countries of origin, transit, and destination, encapsulating it all in...