Africa

A powerful and corrupt elite is robbing Africa of its riches

A man on a motorcycle sits near a signboard campaigning against corruption along a road in Dangi district in Nigeria's northern city of Kano, January 19, 2016. True to his election promises, Nigerian President Muhammadu Buhari has gone all out on corruption, alleging mind-boggling sums plundered from state coffers and giving investigators licence to pull in big hitters once thought untouchable. Now comes the hard part: making the charges stick. The first test comes on Wednesday with the opening of the trial of former National Security Advisor Sambo Dasuki, accused of fraud over $68 million of defence spending, part of a wider $2.1 billion in arms deals under scrutiny

Image: REUTERS/Akintunde Akinleye

Winnie Byanyima
Undersecretary-General of the United Nations; Executive Director, Joint United Nations Programme on HIV/AIDS (UNAIDS)
Share:
Our Impact
The Big Picture
Explore and monitor how Africa is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Africa

Image: Transparency International
Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
AfricaCorruptionEconomic Progress
Share:
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

Data benefits Ghana’s fight against plastic pollution

May 31, 2023

Amira Osman

May 26, 2023

About Us

Events

Media

Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2023 World Economic Forum