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Illicit financial flows cost Africa billions of dollars – Global Tax Justice Network

A new study conducted by a network of NGOs, including the Global Tax Justice Alliance, revealed that Tax evasion costs Africa more than $25 billion a year. As African countries are grappling with the Covid-19 pandemic, tax evasion is considered “unacceptable”, as it reduces revenues that could be spent on citizens’ health. Twenty-three billion dollars […]

Mauritania: Supreme Court Frees Jailed Anti-slavery Activists

The Mauritania Supreme Court Tuesday demanded the immediate release of anti-slavery activists arrested two years ago and sentenced to two years in prison, reports say. Biram ould Abeid and Brahim ould Bilal respectively President and deputy President of IRA Mauritanie, an NGO combatting slavery in the country, have been ordered free by the Supreme Court […]

Senegal-USA: Exim Bank commits $100 mln to improve access to electricity

In Senegal, Exim Bank of the United States has made a preliminary commitment worth $ 86 million for Senegal’s rural electrification projects. The preliminary commitment is the first that Exim Bank has approved under a recently signed memorandum of understanding with Senegal’s Ministry of Economy, Planning and Cooperation. If the transaction reaches final board approval, […]