Printer-friendly versionSend by emailPDF version

Guess who is claiming $73m this year from the famine-stricken Ethiopian government? Nestlé? Some big multinational suffering a temporary corporate social responsibility bypass? Guess again. The vulture creditors in question are the World Bank, the IMF and the governments of some of the world's richest countries. Ethiopia is not alone. Three other sub-Saharan countries facing an epidemic of hunger - Zambia, Mozambique and Malawi - will pay back an estimated $250m to their creditors this year, even as they struggle to feed their people, writes Charlotte Denny from Jubilee Research.