Category Archives: Aid

Rwanda : SOS: LIVES IN DANGER – Idamange and others

If you are a taxpayer in America, Britain, Canada, Sweden, Holland, of another donor nation to Rwanda; this is what your taxes are being used for. Demand your members of Congress, MPs and foreign aid departments do freeze aid to Rwanda until the Kagame regime begins respecting human rights.

Earlier today February 15,2021, Rwandan authorities forces (either military or police or both) stormed the home of outspoken critic Idamange, a mother of four and took multiple people from the home.

Idamange is a mother of four children whose underage son was kidnapped overnight by authorities last Wednesday only to be dropped off some unknown place in the morning after lots of pressure calling out this kidnapping (https://youtu.be/bHPVST0-F3M). Since then, supporters of the regime claim that the 16-year-old was being held “in a stadium “ for violating Coronavirus curfew. However authorities did not notify his mother. Also, minors are not normally held in stadiums for these violations according to Rwanda’s laws.

While the kidnapping of the son was the worst since Ms. Idamange emerged in the public, there has been lesser but sustained attacks on her. She has been bullied, dehumanized, harassed and threatened online by Rwandan authorities and propagandists. However it didn’t stop online. According to her, mass murderer and currently inspector general of Rwanda’s police Gen. Dan Munyuza as well as Rwanda’s minister of justice Johnston Busingye and Rwandan government official Edouard Bamporiki spoke to her and asked that she quits criticizing the government. The offered bribes and failed. Then they turned to threats. In her own words, she said that she was told that they can kill her and the noise will ONLY last one week.

Just as a reminder, beloved gospel singer was also mistreated, harassed and tortured by the government before his assassination. Two of the people involved in Kizito’s plight are also involved in the case of Ms. Idamange, namely Minister Edouard Bamporiki and Gen. Dan Munyuza, a well known assassin. Kizito Mihigo documented this in secret audios from prison released after his assassination (https://youtu.be/_9RmYMkcDN8).

Prior to his initial imprisonments on trumped up charges, Kizito had been kidnapped, tortured paraded in front of media in handcuffs and made to confess under torture. Notice the pattern of kidnapping??? Well in case you haven’t notice the pattern, maybe you’ve seen the film “Hotel
Rwanda” made after Paul Rusesabagina who sheltered over 1200 people during the gruesome Rwandan Genocide. Paul Rusesabagina was also kidnapped last year and taken to Rwanda for a trial planned to start this Wednesday February 17, 2021.

What do Idamange, Kizito and Rusesabagina have in common? (https://youtu.be/9GJQdzK_ydA) They are all critics of the Kagame regime. Idamange and Rusesabagina have been especially bold and outspoken. Kizito on the other hand was imprisoned and killed for singing a song recognizing massive numbers of people killed by Kagame and his RPF (Rwanda’s ruling party).

Paul Rusesabagina in prison since August 2020.
Kizito Mihigo killed in police cell in February 2020.

Kagame and his government bank on the silent complicity of both the public (you and me but especially Rwandans abroad who watch all of this in silence) as well as the complicity of the international community who remain silent as long as he’s a good puppet of the west. They bank on all of this happening in the dark with the public not knowing that it happens. This is where you come in by sharing news like this and making sure THE WORLD KNOWS. Your shining a light on this matters. So do share widely.

If you are a taxpayer in America, Britain, Canada, Sweden, Holland, of another donor nation to Rwanda; this is what your taxes are being used for. Demand your members of Congress, MPs and foreign aid departments do freeze aid to Rwanda until the Kagame regime begins respecting human rights.

Claude Gatebuke

Il a fallu 10 jours pour mettre Kagame à genoux.

Nous sommes confrontés à une pandémie inédite qui affecte les politiques et économies mondiales. D’ailleurs, les observateurs avisés affirment que, à cause du COVID-19, nous entrons dans un nouvel ordre mondial. Face à ce choc, certaines économies sont plus résistantes et plus résilientes que les autres. L’économie du Rwanda s’est avérée la plus fragile, la plus moins résistante. Kagame se met à genoux et prie le Fond Monétaire International (FMI).

Le 2 avril 2020, le FMI a du intervenir pour sauver l’économie rwandaise qui selon l’institution de Bretton Woods, est aux abois. Un crédit de 109.4 millions de dollars est octroyé au Rwanda pour faire face au covid-19.  Selon le FMI, ce crédit “soutiendra les efforts des autorités en soutenant la baisse des réserves internationales”  d’abord, et une partie servira “de financement au budget pour l’augmentation des dépenses visant à contenir l’épidémie et à atténuer son impact économique”. Le FMI propose que le financement  catalyse “une assistance supplémentaire de la communauté internationale, de préférence sous forme de dons”.

De ce fait, l’économie rwandaise est la première, la moins résistante malgré les acolytes de Paul Kagame qui se vantent du contraire. Plus particulièrement, le Rwanda prend ce crédit après quelques jours, un article avait paru citant l’intention de ce dirigeant de ne plus recourir aux institutions de Bretton Woods.

kg

“Nous devons cesser d’emprunter et commencer à imprimer de l’argent pour notre développement”. Et pourquoi ce changement de position? Un autre de ses mensonges qui n’ont pas tenu pour longtemps?! Ou Kagame aurait reçu cet argent sous conditions de livrer les rwandais afin qu’ils servent de cobayes pour le test du vaccin COVID-19?

Pour rappel, Paul Kagame parlait déjà du Covid -19 en février 2020, exactement le weekend qui a emporté Kizito Mihigo. Sauf que Kizito n’a pas succombé au virus dont nous parlons. Il a été assassiné dans la cellule de police. Le premier cas de la pandémie est reconnu au Rwanda le 14 mars 2020, et sept (7) jours après, le Premier Ministre, en violation de la Constitution met la totalité du pays en confinement sans pour autant déclarer l’état d’urgence. Pourtant les provisions de la Constitution rwandaise sont très claires à ce sujet.

Il y a pas mal d’inquiétudes quant à la gestion ces fonds qui pourraient finir dans des paradis fiscaux. Selon la Banque mondiale, 190 millions d’aide destinés au Rwanda sont transférés dans des paradis fiscaux. D’ailleurs, ce n’est pas la première fois que ce pays est cité dans ce genre de malversations.

“Début avril 2016, « Le Monde » publiait les résultats d’une enquête internationale connue sous le nom de « Panama Papers » et qui révélait les noms des personnes qui avaient caché des millions de dollars dans des paradis fiscaux, dont le Panama. Parmi celles-ci figurait en bonne place Emmanuel Ndahiro, ex-conseiller à la sécurité du président Paul Kagame et patron des services de renseignement de 2004 à 2011 et nommé général en 2015. Il a été directeur d’une société maffieuse, Debden Investments Limited, enregistrée aux îles Vierges britanniques et dont le propriétaire est l’ancien militaire devenu homme d’affaires Hatari Sekoko, à la tête de plusieurs biens immobiliers dont l’hôtel Marriott à Kigali. Parmi d’autres rwandais dénoncés par les « Panama Papers » se trouve le beau-fils du président Paul Kagame”. Musabyimana.net

Quoiqu’il en soit, l’on se souviendra que l’économie de Kagame, a été la plus moins résistante aux chocs. Dix jours ont suffi pour mettre à genoux le dictateur de Kigali.

Chaste Gahunde


Avis aux lecteurs: Nos articles peuvent être reproduits à condition de citer le nom d’auteur et le site web source.
Notice to readers: Our articles may be reproduced provided the author’s name and the source website are cited.

The Debts of Dictators : who will pay back Kagame’s debts?

FB_IMG_1576138428060“The Debts of Dictators “

So,I’ve just learned that Rwanda’ President Paul Kagame auctioned part of Rwanda by selling for “eternity” the Bugesera International Airport to the Emir of Qatar(60% of stakes ).

FB_IMG_1576138787912

Appolinaire NISHIRIMBERE

I immediately remembered a documentary watched while at AFRODAD Summer School, edition 2019 in Pretoria: “The Debt of Dictators “.
The one-hour documentary film shows how dictators contract loans with international financial institutions like World Bank (WB, International Monetary Fund (IMF), and others and consequently the price poor citizens pay to repay. It’s horrible and odious. For example, people say that South Africa is rich, right ? Did you know how much the apartheid government contradicted for its army, police and other white owned infrastructures?

All those loans were contracted to repress black South Africans. The apartheid debt is now being expensively repaid by the poor South Africans. It was heartbreaking to see that there are even some communities who wish to get infected with HIV/AIDS just to benefit from social assistance as the ANC Government is repaying billions of dollars as part of apartheid loans, annually.

Now the question is : why should financial institutions keep pumping money into governments like the government of Rwanda while they are aware that the same money is being used to repress and torture citizens and opponents ? Who will repay it as even the poor children are born with debt?

Why do IMF , World Bank and some Governments keep funding a Government which is funding in return with billions of US dollars big western soccer teams like Arsenal and PSG while the money given is intended to fund grassroots wellbeing? Is this normal and fair ?

Why dictators prefer foreign loans instead of domestic resources mobilization to fund national economies ? Part of the answer is that if citizens directly pay in taxes for their economic development , their governments will be accountable and citizens will demand for accountability, and therefore participate in management of their countries.

While loans are easy to get, the said documentary contends that some of the international bankers are like lawyers, they even support criminals , dictators as long as their interest is secured no matter who will repay the price. Therefore, loans benefit the industrialized countries and keep developing countries poorer and poorer as they reimburse their debts huge interests. Now you can understand who help who and why.

Hummm ! Haven’t you said that President Kagame is the smartest African leader who is miraculously developing Rwanda ? My African friends, he is rubbing with western bankers and Asian sultans and Emirs. Is he developing Rwanda or giving it as bank guarantee ? Who will repay his debt, not poor Rwandan taxpayers, years after him ? Remember some of those sovereign loans are paid back even after 4 decades or more and affect the most vulnerable (women and children) when those who are answerable will have passed away like in the case of South Africa today.

FB_IMG_1576138439294

Rwanda’s national airport sold to Qatar.

Africans , wake up and stop selling your continent, engage in win win cooperation which benefits the poor.

Source: Appolinaire Nishirimbere (facebook page).

The Financial Times says Rwanda has manipulated its economic data.

On Tuesday, in a lengthy investigation using data journalists, the Financial Times said Rwanda has manipulated its poverty statistics. In 2015, France 24 had already reported that Kigali had fiddled with its economic statistics.

Four years ago credible insider sources told France 24 that Rwanda had manipulated its poverty statistics. Now, the Financial Times, using data journalists, has reached the same conclusion. The manipulation took place just before a referendum in 2015 that allowed President Paul Kagame to extend his then 15-year rule for up to another two decades. Within this context, Kagame could not accept statistics which would show that poverty had risen.

The FT writes that its “analysis of the survey’s more than 14,000 data points and interviews with academics shows that rising prices for Rwandan families meant poverty most likely increased between 2010 and 2014”. The English daily adds that “there has been a consistent attempt since 2015 to misrepresent the results” regarding poverty.

Rwanda has rejected the newspaper’s findings, as has the World Bank – at least officially, for the FT also published Tuesday for the first time an internal letter that five World Bank staff members wrote to the institution’s leaders in 2015. The authors voiced their concern over what they called “the manipulation of official statistics and failure to provide reliable data openly”.

“Recent developments point to potentially serious reputational risks for the Bank if its Rwanda operations continue in the current trajectory,” the letter said.

Source: France24


Avis aux lecteurs: Nos articles peuvent être reproduits à condition de citer le nom d’auteur et le site web source.                                                                                               Notice to readers: Our articles may be reproduced provided the author’s name and the source website are cited.

Kagame is drowning Rwanda in debt

How donors wrote off Rwanda’s debts and thereafter Kagame accumulated new and larger debts

The Heavily Indebted Poor Countries (HIPC), 2000–2008, including Rwanda

Under the Heavily Indebted Poor Countries (HIPC) Initiative, the larger part of Rwanda’s external was written off between 2000 and 2008. By 2008, donors had struck off US$1.4 Billion from Rwanda’s debt leaving US$688.9 Million.TABLE 1 shows the drastic reduction of Rwanda’s debt measured by the debt-GDP ratio.

TABLE 1 — Rwanda’s debt as a percentage of GDP, 1995 to 2000

Source: International Monetary Fund’s database

As indicated in TABLE 1, Rwanda’s debt was 119.5% of the GDP in 1995, dropping to 19.5% of the GDP in 2008. In other words, while Rwanda’s debt was bigger than its GDP in 1995-2000, the debt was sharply reduced to 19.5% of the GDP by 2008.

From 2010 to 2017, however, Rwanda reversed course, accumulating a massive debt. By 2017, as indicated in TABLE 2, Rwanda’s debt had steeply climbed to US$3.2 Billion, constituting 46.2% of the GDP. Servicing the external debt in principal and interests costs Rwanda US$72.3 Million annually.

TABLE 2 — Rwanda’s debt and its ratio to GDP in 2016 and 2017

Source: Rwanda Ministry of Finance, The Annual Economic Report Fiscal 2016/2017

How did Rwanda acquire the US$3.2 billion debt?

Kagame’s megaprojects — RwandAir, Kigali Convention Center, and Bugesera International Airport

The primary contributor to Rwanda’s debt are RwandAir and the Kigali Convention Center (KCC). The Bugesera International Airport (BIA) will also contribute to Rwanda’s indebtedness in 2019–2020.

RwandAir is the main culprit. By 2016, RwandAir had accumulated US$222 Million in losses. The government pumped in US$192 Million in grants. Additionally, the government gave the airline US$238 Million in loans, while loans from outside government were US$100 Million. This means that Rwanda government kept RwandAir afloat with US$430 Million in loans and grants between 2013 and 2016. When the US$100 Million external loan is added, US$530 Million was pumped into RwandAir between 2013 and 2016. In 2018, an additional US$87 Million loan for RwandAir was acquired — with the government indicating to the IMF that more loans for RwandAir were to follow:

”The indicative US$500 million ceiling on new external debt contracted by public enterprises was exceeded by US$87 million, due to a lease signed by Rwandair. To accommodate this as well as other leases in the pipeline, we propose to raise the indicative ceiling to US$800 million.”

For building KCC, Rwanda issued a US$400 Million Eurobond in 2013. The IMF indicated that Rwanda acquired a new loan for KCC as well as for RwandAir in 2016:

“In 2016, new debt associated with the KCC totaled US$160 million, 80 percent of which was external debt. RwandAir’s continued expansion included US$171 million in loans for two new aircraft and leases for two other aircraft which, together with associated debt servicing.”

Lastly, there is the Bugesera International Airport (BIA). BIA might have become Kagame’s biggest disaster. Recall that in September 2014, Kagame suddenly announced a Eurobond of up to US$1 Billion build BIA. Kagame proclaimed this at the African Leaders Summit in Washington, DC, asserting that he would more than double the US$400 million Eurobond he acquired the previous year. Thankfully, this did not come to pass — the insane idea died quietly.

BIA is now being built as private concession. Nonetheless, the government has indicated it will acquire loans in 2019-2020 amounting to US$163.6 Million ”to finance import of goods and services for Bugesera.”

And of US$326 Million loans borrowed from India and China in 2018, US$50 Million from the latter is earmarked to build the road from Kigali to Bugesera International Airport. This means that BIA loans for 2018 — 2020 will total to US$213.6 Million.

Kagame — or at least his finance minister now recognizes the tough road ahead in managing debt

The Budget Framework Paper for 2018/2019–2020/2021 acknowledges ”deterioration” that is explained as thus:

”The Present Value of debt service-to-exports stands at 7.2% in 2017 but increases sharply to 17.3% in 2023, the year of Rwanda’s Euro bond repayment. The main reason for this deterioration is an increase in the level of non-concessional borrowing (as highly concessional multilateral lending sources are restricted), and leases incurred for Rwandair fleet expansion plan, debt service and repayment associated with the Kigali Convention Center in 2019- 2020, and the pressure of the Eurobond rollover in 2023.”

At present, servicing Rwanda’s external debt costs Rwanda US$72.3 Million annually. This is about the same amount of money Rwanda hopes to earn from conference tourism in 2018. Servicing Kagame’s debt is about to become even more costly, however. The Eurobond and other loans Kagame that accumulated since 2013 are due for repayment. And repaying loans is not rocket science. Kagame and his government have to do three things to seriously raise the national income by all means possible. Firstly, they must drastically expand export earnings. Secondly, they must drastically expand domestic revenue. Thirdly, they need a cure for addiction to loans. Each of these imperatives is easier said than done in Kagame’s Rwanda. After all, this is what Vision 2020 was supposed to achieve. But instead it was recently pronounced dead. The objective of transforming Rwanda into a middle-income state is now postponed to 2034. Don’t hold your breath.

World is plundering Africa’s wealth of ‘billions of dollars a year’

More wealth leaves Africa every year than enters it – by more than $40bn (£31bn) – according to research that challenges “misleading” perceptions of foreign aid.

By 

Analysis by a coalition of UK and African equality and development campaigners including Global Justice Now, published on Wednesday (May 24th, 2017 ndlr ), claims the rest of the world is profiting more than most African citizens from the continent’s wealth.

It said African countries received $162bn in 2015, mainly in loans, aid and personal remittances. But in the same year, $203bn was taken from the continent, either directly through multinationals repatriating profits and illegally moving money into tax havens, or by costs imposed by the rest of the world through climate change adaptation and mitigation.

This led to an annual financial deficit of $41.3bn from the 47 African countries where many people remain trapped in poverty, according to the report, Honest Accounts 2017.

The campaigners said illicit financial flows, defined as the illegal movement of cash between countries, account for $68bn a year, three times as much as the $19bn Africa receives in aid.

Tim Jones, an economist from the Jubilee Debt Campaign, said: “The key message we want to get across is that more money flows out of Africa than goes in, and if we are to address poverty and income inequality we have to help to get it back.”

The key factors contributing to this inequality include unjust debt payments and multinational companies hiding proceeds through tax avoidance and corruption, he said.

African governments received $32bn in loans in 2015, but paid more than half of that – $18bn – in debt interest, with the level of debt rising rapidly.

The prevailing narrative, where rich country governments say their foreign aid is helping Africa, is “a distraction and misleading”, the campaigners said.

Aisha Dodwell, a campaigner for Global Justice Now, said: “There’s such a powerful narrative in western societies that Africa is poor and that it needs our help. This research shows that what African countries really need is for the rest of the world to stop systematically looting them. While the form of colonial plunder may have changed over time, its basic nature remains unchanged.”

The report points out that Africa has considerable riches. South Africa’s potential mineral wealth is estimated to be around $2.5tn, while the mineral reserves of the Democratic Republic of the Congo are thought to be worth $24tn.

However, the continent’s natural resources are owned and exploited by foreign, private corporations, the report said.

Bernard Adaba, policy analyst with Isodec (Integrated Social Development Centre) in Ghana said: “Development is a lost cause in Africa while we are haemorrhaging billions every year to extractive industries, western tax havens and illegal logging and fishing. Some serious structural changes need to be made to promote economic policies that enable African countries to best serve the needs of their people, rather than simply being cash cows for western corporations and governments. The bleeding of Africa must stop!”

However, Maya Forstater, a visiting fellow for the Centre for Global Development, a development thinktank, said the report did not provide a meaningful look at the issues.

Forstater said: “There are 1.2 billion people in Africa. This report seems to view these people and their institutions as an inert bucket into which money is poured or stolen away, rather than as part of dynamic and growing economies. The $41bn headline they come up with needs to be put into context that the overall GDP of Africa is some $7.7tn. Economies do not grow by stockpiling inflows and preventing outflows but by enabling people to invest and learn, adapt technologies and access markets.

“Some of the issues that the report raises – such as illegal logging, fishing and the cost of adapting to climate change – are important, but adding together all apparent inflows and outflows is meaningless.”

Forstater also questioned some of the report’s methodology.

The coalition of campaigners, including Jubilee Debt Campaign, Health Poverty Action, and Uganda Debt Network, said those claiming to help Africa “need to rethink their role”, and singled out the British government as bearing special responsibility because of its position as the head of a network of overseas tax havens.

Dr Jason Hickel, an economic anthropologist at the London School of Economics, commenting on the report, agreed that the prevailing view of foreign aid was skewed. Hickel said: “One of the many problems with the aid narrative is it leads the public to believe that rich countries are helping developing countries, but that narrative skews the often extractive relationship that exists between rich and poor countries.”

A key issue, he said, was illicit financial flows, via multinational corporations, to overseas tax havens. “Britain has a direct responsibility to fix the problem if they want to claim to care about international poverty at all,” he said.

The report makes a series of recommendations, including preventing companies with subsidiaries based in tax havens from operations in African countries, transforming aid into a process that genuinely benefits the continent, and reconfiguring aid from a system of voluntary donations to one of repatriation for damage caused.

Source: https://www.theguardian.com/global-development/2017/may/24/world-is-plundering-africa-wealth-billions-of-dollars-a-year

The United States led all other donors according to preliminary 2014 estimates

Today the Organization for Economic Cooperation and Development (OECD) Development Assistance Committee (DAC) released preliminary 2014 net Official Development Assistance (ODA) estimates. The data again shows that the United States led all other donors according to preliminary 2014 estimates, with $32.73 billion in net assistance, another record level. The United States provided $27.02 billion in bilateral aid and $5.53 billion in core contributions to multilateral organizations supporting development, which is historically the highest level of any donor country. The U.S. Agency for International Development (USAID), U.S. Department of State, U.S. Department of Health and Human Services, and U.S. Department of Treasury together delivered 94 percent of total U.S. development assistance disbursements in 2014.

2014 ODA levels are preliminary estimates for the DAC Advance Questionnaire. Assistance data will be reconciled with U.S. Government agencies in the coming weeks for incomplete, missing, questionable or to-be-revised data and for conformance with DAC reporting directives. Final ODA levels for 2014 and prior years will change by September after consultations with implementing U.S. Government agencies and the DAC Secretariat.

U.S. 2014 Calendar Year Assistance Highlights:

• The United States again provided more aid than any other donor country in the world in the 2014

• U.S. aid over this period increased $1.23 billion to $32.73 billion from 2013 levels, a historic high for all donors.

• U.S. bilateral assistance to other countries was $27.02 billion in 2014, an increase of $820 million over 2013.

• U.S. contributions to multilateral organizations supporting development totaled $5.53 billion in 2014, an increase of $420 million over 2013.

• USAID and the U.S. Departments of State; Health and Human Services; and Treasury distributed 94 percent or $30.6 billion of 2014 aid.

Source: OECD