Africa generates massive amounts of money from its natural resources, government revenue and official development assistance. But up to 60% of these funds leave the continent and ends up financing private wealth in offshore financial centers, such as London, New York and Paris.
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AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 400 news and information items daily from over 100 African news organizations and our own reporters to an African and global public. We operate from Cape Town, Dakar, Abuja, Johannesburg, Nairobi and Washington DC.
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