Honest Accounts 2017 - How The World Profits From Africa's Wealth

Publisher:
Global Justice
Publication Date:
24 May 2017
Tags:

Africa is rich - in potential mineral wealth, skilled

workers, booming new businesses and biodiversity.

Its people should thrive, its economies prosper. Yet

many people living in Africa's 47 countries remain

trapped in poverty, while much of the continent's

wealth is being extracted by those outside it.

Research for this report calculates the movement of

financial resources into and out of Africa and some

key costs imposed on Africa by the rest of the world.

We find that the countries of Africa are collectively

net creditors to the rest of the world, to the tune

of $41.3 billion in 2015.

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