Independent practitioner analysis on accountability in development finance. Grounded in evaluation data. Written for the people who use the institutions — and the people who should be holding them to account.
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Kofi & the Six Ships
A seven-year-old visits Washington. A narrative series on MDB results. Six institutions. Nine pieces.
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Analysis
Serious papers. IMF–WB duplication. DPF isomorphic mimicry. Nigeria power. PEFA. AFRITAC.
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Data
Open datasets. IEG ratings. DPAD prior actions. PEFA SSA. All downloadable and citable.
Latest
Kofi — Day 7
The Full Picture — Six Ships. One Ocean. —
Kofi closes his notebook. His mother has something to say. Next stop: Benin City.
Kofi — Day 6
The Carnival Ship — Inter-American Development Bank
81% / 53%. The music is louder than the spreadsheet. Poco a poco. Todavía no.
Kofi — Day 5
The Atakebune — Asian Development Bank
Nine presidents. Fifty-nine years. One nationality. Konnichiwa, Kofi-san.
Analysis
Parallel Bureaucracies, Conflicted Governments, Wasted Billions
The fiscal case for ending IMF–World Bank mandate duplication. $750M–$1.1bn/yr. 35 years of concordats.
Analysis
Policy Without Performance: Isomorphic Mimicry and the DPO Incentive Trap
MTI S+ rate: 27.5%. SSA CPIA flat at 3.1 for 18 years. 1,551 evaluated operations. The form-function gap.
Spring Meetings 2026 · April 21
The full MDB Results 2026 series — six institutions, six ships, multiple analytical notes — was timed to the Spring Meetings of the multilateral development bank shareholders. All the pieces and all supporting analysis are available above.