Circles of Corruption: how does Africa stack up against the OECD?

Inside & Outside the Circles of Corruption By Peter O'Brien, Pr1merio chief Economics & Trade advisor. Many widely quoted assessments of corruption rank African countries poorly. These ratings are based mainly on indicators related to the ways in which business contracts, especially those involving government funds, are concluded. The suggestion is that resources are wasted … Continue reading Circles of Corruption: how does Africa stack up against the OECD?

$1 billion per year lost to corruption: a Nigerian saga

$1 billion per year lost to corruption Recently, AAF reported on the multi-faceted PR efforts of the new Buhari regime to clean up the soiled image of "corrupt Nigerian politics" -- among other things, by staging photo ops with World Bank leaders, charging former government officials with bribery, and moving ahead on basic appointments. Today, … Continue reading $1 billion per year lost to corruption: a Nigerian saga

Money laundering, $2bn phantom contracts, and Boko Haram

Nigeria moves on its anti-corruption promises: Former Defence Minister charged Reuters and BBC have reported that former Nigerian Defence Minister, Bello Haliru Mohammed -- a veterinarian by training who served in several ministerial positions, most recently under former President Goodluck Jonathan -- has been charged with money laundering and related corruption counts. He is no stranger to … Continue reading Money laundering, $2bn phantom contracts, and Boko Haram

From Managing Director to President: Get rid of corruption!

IMF's Lagarde to Nigeria's Buhari: Country needs to strike balance, yet ensure long-term anticorruption measures By Michael James Currie. The managing director of the International Monetary Fund, Christine Lagarde, welcomed Nigeria’s anti-corruption campaign which has been significantly pushed by President Buhari who was elected in May 2015. The Buhari administration is moving towards developing a strong … Continue reading From Managing Director to President: Get rid of corruption!