The Mozambique Budget Monitoring Forum has lodged a petition with the country’s Constitutional Council challenging the legality of the $850 million secret loan arranged by Credit Suisse to the Mozambican…
A condition of Credit Suisse to get the loans signed off by the Bank of Mozambique was dropped in order for the loans to be given Credit Suisse and VTB…
This short educational resource (12 pages) explains why Ghana is back in a debt crisis a decade after debt relief, and what options the country has now. A new debt crisis…
Update 26 April: The Managing Director of the IMF Christine Lagarde has responded to this statement here Campaigners in Mozambique have called for secret debts to be cancelled before the…
• Comment on revelation that Gambia’s debt is $1 billion The Gambian government have said that former President Yahya Jammeh stole at least $50 million, and left the government with a…
In a first for the country, the Philippines has legislated to hold a debt audit into 20 projects to determine the legitimacy of the loans. The audit is part of…
Lender accused of guaranteeing profits for speculators The World Bank has been accused of helping to fuel a new debt crisis in Ghana after it was revealed it has broken…
Over recent days it has come to light that Credit Suisse and VTB lent around $1.35 billion to Mozambique, but the government and the lenders hid this from any public…
Information hidden in budget announcements suggest UK government will be giving £3.8 billion of 'aid' money as loans in next four years
Proposed cap will lead to Greece having debt payments ten times higher than Germany paid after 1953 debt cancellation.
