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Who Aids Whom? $192 Billion Stolen From Africa Annually

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AFRICANGLOBE - Governments of wealthy countries like to tell tales of generous aid spending and a common responsibility to help Africa. But there is another story to tell. And it is not a story of what is given to Africa, but of what is taken away.

Illicit Financial Flows Pick Africa’s Pockets

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AFRICANGLOBE - Between 2002 and 2012 South Africa lost $100.7 billion (about R1.1 trillion at yesterday’s rate) as a result of illicit financial flows, Masiiwa Rusare of African Monitor told delegates at the Alternative Mining Indaba in Cape Town yesterday.
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