This campaign is supported by TrustAfrica.
“Foreign Direct Investment (FDI) is always prefaced with the two words ‘much needed,’” my colleague Sarah Bracking insisted this week at a Zimbabwe NGO conference. […] Read More
While millions of philanthropic dollars pour into Africa annually, billions of dollars in illicit financial flows (IFFs) leak out of the continent, mostly back to […] Read More
Dear readers and friends of TrustAfrica, Welcome on board this new venture from TrustAfrica. We thank you for coming on board the “Stop the Bleeding” […] Read More
Africa loses approximately US$50 billion annually through Illicit Financial Flows (IFFs). The AU/ECA’s High Level Panel on Illicit Financial Flows report and other studies argue that Africa lost over US$1 trillion through IFFs in the last 50 years - an amount similar to Official Development Assistance in the same period. Many, including ourselves at TrustAfrica, have always been cautious about the over dramatised narrative of “Africa Rising” especially as it mostly uses Gross Domestic Product (GDP) as a measure of growth. Other Human Development indicators such as Gross National Income (GNI), access to affordable health care, education, and decent jobs are rarely considered in the ongoing optimism surrounding Africa. Read More
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