Thursday, December 12, 2019

DT 1 / 2015

Swedish public prosecutor investigates SEKAB’s sale of African biofuel projects

The economic crime unit of the Swedish police has launched a preliminary investigation into the 2009 sale by the Swedish biofuel firm SEKAB of its African assets to the company’s former CEO, Per Carstedt. Meanwhile, Carstedt is racing against time to secure aid financing from Sida and the African Development Bank to establish a major sugar production facility in Tanzania.

Little appetite to sharpen the focus of post-2015 development goals

The UN-led process aimed at defining new global development goals for the post-2015 era has come under heavy criticism for its lack of focus. No fewer than 17 goals and 169 sub-targets are set to replace the eight MDGs.

Denmark, Sweden stretch OECD rules for aid spending on refugees

Nordic donors continue to ignore the DAC’s call to stop using aid funds to cover refugee costs. This year Sweden and Denmark will spend one in five aid crowns on asylum seekers at home. This enormous level of spending on domestic refugee costs is virtually unprecedented in the past 25 years, the DAC confirms to Development Today.

Overwhelming vote of confidence from donors. Gavi exceeds USD 7.5b target

In spite of tough economic times, the vaccine alliance Gavi managed to surpass its fund-raising target of USD 7.5 billion for 2016-2020.