Nigeria: Nigeria, South Africa, Ethiopia, Congo Account for 50% Illicit Financial Flows in Africa

[This Day] Abuja -Nigeria, South Africa, Democratic Republic of Congo and Ethiopia account for 50 per cent of illicit financial flows (IFFs) in Sub-Saharan Africa, Brookings Institution, a globally renowned American research group, said in a new report.

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The low price of oil will test governments in the Middle East and Africa

“IN THE HISTORY of any nation there are special moments and seminal events,” said President Uhuru Kenyatta in August. He was celebrating Kenya’s entry to the club of oil producers with a symbolic shipment of 200,000 barrels. “The first export of crude oil by our nation…marks a special moment in our history,” he declared.

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