Multi-Nationals Contribution in Africa Questioned


Multinational companies operating in Africa are suspected of syphoning close to U.S.$1 Trillion annually - money that belongs to the continent and that should aid development.
Photo: IRIN

Harare city centre.

  • Africa:  Private Equity - New Cash for Expanding Businesses

    Africa Renewal, 1 August 2012

    Africa is growing, and African companies need cash to expand. Investors want in on the action, especially given low returns in many other parts of the world these days. But with ... read more »

  • Africa:  Pity the Financiers in the Heart of Darkness

    Fahamu, 26 July 2012

    It's the people of Africa who are being ripped off. Financiers and businessmen operating in Africa are not, as some sympathisers would have it, being ripped off, but are themselves ... read more »

  • Zambia:  Multinationals Recognising Zambia's Growing Potential

    The Times of Zambia, 11 July 2012

    ZAMBIA is one of many sub-Saharan nations on the up and its middle class is growing. read more »

  • Africa:  Rio+20 Declaration - a Gift to Corporate Polluters

    Friends of the Earth, 20 June 2012

    The deal on the table at the Rio+20 Summit [1] does nothing to address the environmental and social crises that the world is facing; it simply allows multinational corporations to ... read more »

  • Ethiopia:  Multinationals Not As Good As Local Solutions to Market

    Addis Fortune, 17 June 2012

    Dear editors, read more »

  • Africa:  Tax Justice Can Help Fund Sustainable Development, Campaigners Urge Rio+20

    Christian Aid, 17 June 2012

    Getting multinational companies to pay the taxes they owe would generate billions in funding for sustainable development, campaigners will tell delegates at the Rio+20 conference ... read more »

  • Mozambique:  Four Companies to Begin Coal Operations

    Agencia de Informacao de Mocambique, 15 June 2012

    Four more coal mining companies will over the next three years commence operations in the central Mozambican province of Tete, increasing to seven the number of multinationals ... read more »

  • Nigeria:  Senate Flays Multinationals Over Employment Discrimination

    Vanguard, 11 June 2012

    THE Senate, weekend, said that cases where international oil companies deny Nigerians employment on the assumption that course contents in Nigerian universities were not rich ... read more »

  • Nigeria:  Listing of Multinationals - Market Analyst Proffers Solution

    Leadership, 4 June 2012

    Sequel to the Federal Government's efforts to ensure that multinational companies in both the Telecommunication and the oil industry are listed on the domestic stock market, an ... read more »

  • Angola:  CINFOTEC Starts Courses With Multinational Partnership

    Angola Press Agency, 22 May 2012

    The Integrated Centre for Technological Training (Cinfotec) will officially open on May 23 in Luanda the courses of communication processing of devices connected to Internet and ... read more »

  • Nigeria:  Activists Rise Against Genetically Modified Foods

    Daily Trust, 22 May 2012

    Environmental activists under the auspices of the Environmental Rights Action /Friends of the Earth Nigeria(ERA/FoE), have condemned attempts by multinational agricultural ... read more »

  • Nigeria:  NNDC - Why Oil Search in North Failed So Far

    Daily Trust, 21 May 2012

    Oil exploration in northern Nigeria is being retarded by nonchalance of the Nigerian National Petroleum Corporation and the multinational oil companies involved in the project, the ... read more »