Corruption in Africa

Written by David Fletcher 19 Jul 2018
Corruption in Africa

We recently had ‘African Anti-Corruption Day’ ,which recognised the progress made in the fight against corruption and the significant work still left to do. To highlight this point, the African Union (AU) designated 2018 as the year for ‘winning the fight against corruption’. The AU signed several treaties aimed at ensuring democracy, rule of law and good governance. But much more needs to be done. Corruption hampers development and the ability to bring people out of poverty. The continent ranks lowest amongst global regions in corruption perceptions, and the impact cannot be underestimated. 43% of Africans are living in poverty while over 50 billion US dollars’ worth of stolen assets flow out of Africa annually, money that could be invested in jobs and social services, where additional resources are needed most. Transparency International wrote an open letter to the AU highlighting seven areas where it could focus its efforts.

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