By Easter 2026 it was still not clear when – or how –
the war initiated by Israel and the US against Iran would end. But what was already clear was that it would harm Africa in a number of ways.
African sovereign debtors in
distress face terrible choices. They are often forced to choose between fully paying their creditors and financing the needs of their populations – health, education, renewable energy, water.
Many people may be tempted to view the World Bank’s
recent announcement that it will freeze new loans to Uganda because of the country’s
vicious anti-LGBTIQ+ law as a harbinger of the Bank taking a more progressive approach to human rights issues.