Aid

AFRICA BEING PUSHED TO THE LIMITS: How the bid to meet IMF requirements creates a fertile ground for inequality

African countries started their Covid-19 recovery period in a very parlous economic state. Poor people’s income fell sharply during the pandemic and according to UNECA , the pandemic forced 55 million into poverty in 2020. At the same time, Africa’s debt burden has accelerated to crippling levels...

Oxfam International Pledge - African Union Humanitarian Summit and Pledging Conference, May 2022

Introduction: Oxfam knows the power of people. In 26 African countries and through our continental Pan-Africa Program, we are working with African people, communities, indigenous African organisations and governments, before, during, and after crises to build their resilience, save lives, and...

Open Letter from 198 African civil society organizations ahead of the 2022 African Union Humanitarian Summit and Pledging Conference

English Version 18 May 2022 H. E. Moussa Faki Mahamat Chairperson, African Union Commission Re: Open Letter from 198 African civil society organizations Your Excellency, We the under-signed civil society organizations engaged in humanitarian responses across the African continent alongside AU...

Demands for austerity and spiralling debt are ‘sabotaging’ Africa’s COVID-19 recovery

43 African governments are facing expenditure cuts totalling $183 billion (equivalent to 5.4 percent of GDP) over the next five years, reveals new analysis from Oxfam and Development Finance International (DFI) today. If these cuts are implemented, their chances of achieving the UN’s Sustainable...

Africa's Extreme Inequality Crisis: Building Back Fairer after COVID-19

Africa is facing a crisis of extreme inequality which is undermining growth, preventing poverty eradication and contributing to insecurity. The six richest African billionaires are now wealthier than the poorest 50% of Africans combined. This briefing paper shows that COVID-19 has deepened this...

G20 must provide immediate debt relief and ensure financing flows to save African people from a massive COVID-19 crisis

The measures that the G20 takes today must be those that ensure African governments have the resources needed to respond to the crisis. The COVID-19 crisis is collapsing health systems and threatening economies in the developed world, and they are using unlimited monetary expansion, something never...