On Human Rights Day, ACCA and Accountability Counsel launched the new report, Accountability in Africa: Harm from International Financial Flows and Strategies for Supporting Community-Led Access to Remedy.
Every year, hundreds of billions of dollars flow into Africa from abroad. Regardless of motivations, these financial flows can have both positive and negative impacts on local people and the environment.
This report explores the avenues available to communities to raise grievances, with a goal of understanding how to increase the rate of remedy that results. Too few of these avenues regularly result in remedy in cases where foreign finance and investment has led to human rights or environmental abuse. Because the source of an investment in a project will likely determine a community’s options for accountability, this report helps communities, and their advocates understand the chain of actors and common sources of financing behind financial flows in Africa.