Right and all of the EU benefits and invests in the World Bank which is one of the major forces used to keep the third world always in a state of "developing" through structural adjustment policies that keep them from ever actually developing
I think at this point the World Bank owes a lot of these countries but every time they market something as "debt forgiveness" it just turns into more of the same thing we've seen with structural readjustment. I'd recommend Ha-Joon Chang's Kicking Away the Ladder if you wanna see a deep dive into the topic
