Over the past few decades, market-based finance has become central to the global financial system. Huge volumes of financial instruments are traded on a daily basis. In an effort to improve access to global financial markets for African countries, the United Nations Economic Commission for Africa (ECA) – in cooperation with the asset management firm PIMCO – has proposed setting up a Liquidity and Sustainability Facility (LSF). This is designed to create a Special Purpose Vehicle to subsidise private sector investment in African sovereign debt. The LSF would be financed by official development assistance (ODA), multilateral development banks and/or by the central banks of members of the Organisation for Economic Co-operation and Development (OECD).
Fossil fuel development, in particular oil and gas, promised vast riches in the past. Today it is exposing fossil fuel producers and their creditors to a massive stranded asset risk. Technological disruption with the rapid cost-reduction of renewable energy and storage technologies, in conjunction with the inevitability of increased climate action, are at the root of unprecedented uncertainties over the future of the sector.
Current EU migration policies' increased focus on returns raises concerns on the adequacy of such measures with EU standards and fundamental rights. This publication highlights the problems and difficulties returnees face in Afghanistan, Syria, Tunisia, Senegal and Kosovo.
This special edition of Perspectives was compiled with the Heinrich Böll Foundation’s North Africa offices and the Transform Africa project. It is dedicated to the emerging conversation of alternative approaches that challenge the historical bias towards the industrialisation of agriculture and the food system as the main strategy to address food insecurity while preparing for a +2°C world.
This edition of Perspectives tackles questions of state capture, and how the concept can contribute to understanding and strengthening democracies across Africa. Our contributors also open the possibilities that emerge when “state capture” is released from particular institutional settings and national boundaries.
Against a background of political and cultural disruption, Perspectives approached writers to inquire, speculatively or not so speculatively, into an African future. The result is an eclectic mix of contributions and conversations across the arts, culture, philosophy and politics. They offer glimpses of African futures – fantastic, idealistic, or sober, but always self-confident – that place the continent at the centre of a world to come.
The EU-Africa migration summit in Valletta in November 2015 gave birth to a new European funding instrument: the EU Emergency Trust Fund for Africa (EUTF). This study comes to the conclusion that the implementation of migration policy projects supported by EUTF funding primarily benefits the (wealthier) member states of the EU.
Media images of desperate African refugees fleeing to Europe dominate the European news. This edition will help to shed new light on aspects of the movement of African migrants that have remained on the margins of discussion, and to place the pressures experienced in Europe within a broader perspective.
This edition of Perspectivesseeks to explore how actors in the state, political parties, and civil society have been able to make those in government less certain about the future balance of power through and outside of the ballot box.