The problem of capital flight in Africa - EXPeditions

The problem of capital flight in Africa

by Ricardo Soares de Oliveira
  • Key point 1
    While there are positive stories from the last decade, much of sub-Saharan Africa sees insufficient foreign investment, and most investment is still in the extractive industries.
  • Key point 2
    Capital flight away from Africa, often into tax havens, is a major obstacle to development.
  • Key point 3
    Changes in global governance are needed to address capital flight.