$580bn lost annually to corruption, illicit outflows in Africa – AfDB

The African Development Bank (AfDB) has disclosed that the continent is losing more than $580 billion annually to corruption and illicit capital outflows. AfDB Group President, Akinwumi Adesina, in an interview with Bloomberg noted that the loss continues to undermine the continent’s economic progress and deepen its debt woes. With an almost $2trillion debt burden,

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