Economy & Business

‘African economies are being sabotaged due to massive tax avoidance and evasion by foreign investors’ – says AU Report

Sierra Leone Telegraph: 28 July 2012 A report has chastised multinational corporations for the illicit transfer of most of the $ 1.5 trillion they make in Africa each year, back to the developed countries, draining hard currency reserves from the continent. This according to the African Press Organization (APO) is [Read More]

Economy & Business

Youth employment and private sector development are key to Africa’s economic growth

Sierra Leone Telegraph: 29 May 2012 The African Development Bank (AfDB) yesterday, Monday, 28 May, in Arusha – Tanzania, launched its ‘African Economic Outlook (AEO)’ Report, in collaboration with the OECD Development Centre, the United Nations Development Programme (UNDP), and the United Nations Economic Commission for Africa (UNECA), says the [Read More]