News / Africa

World Bank Freezes Ivory Coast Financing

Mariama Diallo

The World Bank says it has frozen financing for Ivory Coast, where incumbent president Laurent Gbagbo is clinging to power in the face of global criticism. The move increases the pressure on Mr. Gbagbo to hand power to rival Alassane Outtara, the internationally-recognized winner of last month's presidential election. At the same time, France and Germany are asking their citizens to leave the West African nation, amid U.N. concerns of a return to civil war. Mariama Diallo has more.


The bank said it is asking others to also freeze financing for the country.

"In addition I discussed the fact that we had discussed with President Toure the need for the Central Bank, with WAMU - the West African Monetary Authority - to also freeze the loans, which they have done.  And they are also convening a meeting of ministers this week to affirm and strengthen that approach," said World Bank President Robert Zoellick after meeting with French President Nicolas Sarkozy in Paris.  

In his first televised appearance since the much disputed November 28 elections, Gbagbo accused the international community of ulterior motives in its support of Ouattara. "They want to relieve the Ivorian people of their sovereign right to choose their direction and their right to live freely in the country," he said.

Mr. Gbagbo said he does not want more bloodshed in his country.

The Economic Community of West African States also issued a statement Wednesday calling on Mr. Gbagbo to step aside immediately. And in Washington, State Department spokesman P.J. Crowley said the certified results show that Ouattara is the clear winner. "President Gbabgo must accept the result of the elections, and from our standpoint, this is not negotiable," the spokesman said.

The United Nations and much of the international community also maintain that Gbagbo lost the election. Even though Gbagbo ordered U.N. and French troops to leave his country last week, the U.N. has refused to do so.  And a Security Council resolution adopted unanimously on Monday extended the force's mandate until June of next year.

On Tuesday, U.N. Secretary-General Ban Ki Moon said the situation could become critical within days, and warned of false information about the U.N. forces being spread by Ivorian state media.  

The U.N. reports that more than 50 people have died in recent days, and that hundreds of others have been abducted from their homes.

"We've been in contact with families of those who've been abducted.  People in the neighborhoods where people are taken at night have been saying that security forces are coming in and firing in the air," said Matt Wells, with Human Rights Watch:

Wells said there are also reports that Ivorians are fleeing to the neighboring country of Liberia.

In the meantime, the U.N. Undersecretary-General for Peacekeeping Operations, Alain LeRoy, says there are reports of mercenaries entering the country.

"We have been able to confirm the presence of mercenaries. ... people not speaking the local language and probably from Liberia, or maybe also some from Angola.  So they were mercenaries clearly used to attack, to provoke the civilian population and ONUCI personnel," he said.

Gbagbo has ruled the country since 2000.  His term officially ended in 2005 but he remained in office through repeated election delays.

You May Like

Photogallery Pistorius Sentenced, Taken to Prison

Pistorius, convicted of culpable homicide in shooting death of girlfriend Reeva Steenkamp, will likely serve about 10 months of five-year sentence, before completing it under house arrest More

UN to Aid Central Africa in Polio Vaccinations

Synchronized vaccinations will be conducted after Cameroon reports a fifth case of the wild polio virus in its territory More

WHO: Ebola Vaccine May Be in Use by Jan.

WHO assistant director Dr. Marie Paule Kieny says clinical trials of Ebola vaccines are underway or planned in Europe, US and Africa More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
After Decades of Pressure, Luxembourg Drops Bank Secrecy Rulesi
X
October 21, 2014 12:20 AM
European Union finance ministers have reached a breakthrough agreement that will make it more difficult for tax cheats to hide their money. The new legislation, which had been blocked for years by countries with a reputation as tax havens, was approved last week after Luxembourg and Austria agreed to lift their vetoes. But as Mil Arcega reports, it doesn’t mean tax cheats have run out of places to keep their money hidden.
Video

Video After Decades of Pressure, Luxembourg Drops Bank Secrecy Rules

European Union finance ministers have reached a breakthrough agreement that will make it more difficult for tax cheats to hide their money. The new legislation, which had been blocked for years by countries with a reputation as tax havens, was approved last week after Luxembourg and Austria agreed to lift their vetoes. But as Mil Arcega reports, it doesn’t mean tax cheats have run out of places to keep their money hidden.
Video

Video Kobani Refugees Welcome, Turkey Criticizes, US Airdrop

Residents of Kobani in northern Syria have welcomed the airdrop of weapons, ammunition and medicine to Kurdish militia who are resisting the seizure of their city by Islamic State militants. The Turkish government, however, has criticized the operation. VOA’s Scott Bobb reports from southeastern Turkey, across the border from Kobani.
Video

Video China Political Meeting Seeks to Improve Rule of Law

China’s communist leaders will host a top level political meeting this week, called the Fourth Plenum, and for the first time in the party’s history, rule of law will be a key item on the agenda. Analysts and Chinese media reports say the meetings could see the approval of long-awaited measures aimed at giving courts more independence and include steps to enhance an already aggressive and high-reaching anti-corruption drive. VOA’s Bill Ide has more from Beijing.
Video

Video US ‘Death Cafes’ Put Focus on the Finale

In contemporary America, death usually is a topic to be avoided. But the growing “death café” movement encourages people to discuss their fears and desires about their final moments. VOA’s Jerome Socolovsky reports.
Video

Video Ebola Orphanage Opens in Sierra Leone

Sierra Leone's first Ebola orphanage has opened in the Kailahun district. Hundreds of children orphaned since the beginning of the Ebola outbreak face stigma and rejection with nobody to care for them. Adam Bailes reports for VOA about a new interim care center that's aimed at helping the growing number of children affected by Ebola.
Video

Video Young Nairobi Tech Innovator on 'Track' in Security Business

A 24-year-old technology innovator in Nairobi has invented a tracking device that monitors and secures cars. He has also come up with what he claims is the most robust audio-visual surveillance system yet. As Lenny Ruvaga reports from the Kenyan capital, his innovations are offering alternative security solutions.
Video

Video Latinas Converting to Islam for Identity, Structure

Latinos are one of the fastest growing groups in the Muslim religion. According to the Pew Research Center, about 6 percent of American Muslims are Latino. And a little more than half of new converts are female. VOA’s Carolyn Presutti travelled to Miami, Florida -- where two out of every three residents is Hispanic -- to learn more.
Video

Video Exclusive: American Joins Kurds' Anti-IS Fight

The United States and other Western nations have expressed alarm about their citizens joining Islamic State forces in Syria and Iraq. In a rare counterpoint to the phenomenon, an American has taken up arms with the militants' Syrian Kurdish opponents. Elizabeth Arrott has more in this exclusive profile by VOA Kurdish reporter Zana Omer in Ras al Ayn, Syria.
Video

Video South Korea Confronts Violence Within Military Ranks

Every able-bodied South Korean male between 18 and 35 must serve for 21 to 36 months in the country’s armed forces, depending upon the specific branch. For many, service is a rite of passage to manhood. But there are growing concerns that bullying and violence come along with the tradition. Reporter Jason Strother has more from Seoul.
Video

Video North Carolina Emerges as Key Election Battleground

U.S. congressional midterm elections will be held on November 4th and most political analysts give Republicans an excellent chance to win a majority in the U.S. Senate, which Democrats now control. So what are the issues driving voters in this congressional election year? VOA National Correspondent Jim Malone traveled to North Carolina, one of the most politically competitive states in the country, to find out.
Video

Video Comanche People Maintain Pride in Their Heritage

The Comanche (Indian nation) once were called the “Lords of the Plains,” with an empire that included half the land area of current day Texas, large parts of Oklahoma, New Mexico, Kansas and Colorado.The fierceness and battle prowess of these warriors on horseback delayed the settlement of most of West Texas for four decades. VOA’s Greg Flakus reports from Lawton, Oklahoma, that while their warrior days are over, the 15,000 members of the Comanche Nation remain a proud people.
Video

Video Turkey Campus Attacks Raise Islamic Radicalization Fears

Concerns are growing in Turkey of Islamic radicalization at some universities, after clashes between supporters of the jihadist group Islamic State (IS) or ISIS, and those opposed to the extremists. Pro-jihadist literature is on sale openly on the streets of Istanbul. Critics accuse the government of turning a blind eye to radicalism at home, while Kurds accuse the president of supporting IS - a charge strongly denied. Henry Ridgwell reports from London.

All About America

AppleAndroid