Press release

As the cost of essential goods rises faster than it has in decades, billionaires in the food and energy sectors are increasing their fortunes by $1 billion dollars every two days. For every new billionaire created during the pandemic — one every 30 hours — nearly a million people could be pushed...

Nigeria’s debt servicing is sucking away precious revenues from low levels of public spending – this means the fiscal system is working even less hard to fight inequality. Over the past five years, Nigeria has spent an average of 49% of its revenue on debt servicing, and in 2020, before COVID, this...

87 percent of the International Monetary Fund’s (IMF) COVID-19 loans are requiring developing countries that have been denied equal access to vaccines and are facing some of the world’s worst humanitarian crises to adopt tough, new austerity measures that will further exacerbate poverty and...

An additional 11 million people could be pushed to hunger just over the next three months West Africa is hit by its worst food crisis in a decade, with 27 million people going hungry. This number could rise to 38 million this June - a new historic level and already an increase by more than a third...

The crisis in Ukraine has caused food prices to skyrocket globally in the last few weeks with some forecasts estimating up to a 20 percent increase. This is adding pressure to the already devastating hunger crises across the world and causing fears of food shortages. Ukraine and Russia are...