Africa loses $43bn a year through corrupt business practices

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• FRANCIS R. GRANT 10 years ago

  This one of the major things that stalls Africa's development and growth, and there has been not pragmatic step taken to mitigate this crime. Western Nations and America are depriving us from Africa our benefit from resources ...
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  This one of the major things that stalls Africa's development and growth, and there has been not pragmatic step taken to mitigate this crime. Western Nations and America are depriving us from Africa our benefit from resources given by God for economic growth and development, infact, they have used their innnovation to exploit our continent thereby sponsoring chaos in Africa. Our governments need to create a system that protect our resource and develop a new development policy to protect the resources of Africa. The African Union and other regional group in Africa must create a policy that will catapault a message in protecting our resources to bring development and reduce poverty within the continent. We cannot bea wealthy continent with natural resources;yet, with desperate and poverty striking people. This has to stop!

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• FRANCIS R. GRANT 10 years ago

  African governments must join together and fight against this devilish act that deprives many Africans from their natural resources. The fact that the act has been alarmed, there must be a pragmatic approach taken by the lead ...
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  African governments must join together and fight against this devilish act that deprives many Africans from their natural resources. The fact that the act has been alarmed, there must be a pragmatic approach taken by the leadership of Africa to avoid this great loss. Western nations and America have developed a system to protect their revenue generation and resources, yet, multilateral companies from their countries are supported to exploit our people in collaboration with the governments of Africa. What is disgusting about this is the fact that Africa is the richest continent in terms of natural resources but the poorest in the case of development. Is this the type of governance that they are pushing in Africa? Our governments in collaboration with AU and regional bodies within the continent must develop a policy and catapult a message of readiness of protecting our natural resources. We have suffered and are going through immense pains because of poverty created by Western nations and America with consent of our governments. This has to stop!

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