Who's stealing Africa's cash?
Most Western multinationals continue to exploit poor African countries by paying less tax while making abnormal profits. They then transfer the proceeds to their country of origin.
This has led to a massive increase in illicit financial flows and Africa is losing billions of dollars. This week we are focusing on how Africa loses billions of dollars yearly as a result of illicit financial flows. In the second segment of our program we shall delve into an environmental issue; the dumping of electronic waste in Africa by Western multinationals.
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