After significant strides across sub-Saharan Africa over the past quarter-century, there is now a deterioration in the macroeconomic health of many countries, warns Abebe Aemro Selassie, director of the African Department of the International Monetary Fund.
The United Nations Educational, Scientific and Cultural Organisation (UNESCO) has said Nigeria and other African countries were lagging behind in the Sustainable Development Goal (SDGs).
The fight against corruption in Africa has been slow and arduous. So, when the African Union marked the first African Anti-Corruption Day on 11 July 2017, declaring its commitment to fighting corruption, it is no surprise that not many were excited about the declaration. Linus Unah looks at the attempts by various countries to combat corruption to figure out if these governments are serious.
Tax avoidance by some multinational companies is undermining domestic resource mobilisation efforts in most African countries, leading to loss of nearly $50 billion over the last decade.