TheGuardian.com: Aid to Africa: donations from west mask '$60bn looting' of continent

From: Berhane Habtemariam <Berhane.Habtemariam_at_gmx.de_at_dehai.org>
Date: Tue, 15 Jul 2014 20:35:50 +0200

Aid to Africa: donations from west mask '$60bn looting' of continent

UK and wealthy states revel in their generosity while allowing their
companies to plunder Africa's resources, say NGOs

* Mark Anderson <http://www.theguardian.com/profile/mark-anderson>
* theguardian.com <http://www.theguardian.com/> ,
* Tuesday 15 July 2014 11.57 BST
* Jump to comments (52)
<http://www.theguardian.com/global-development/2014/jul/15/aid-africa-west-l
ooting-continent#start-of-comments>

Western countries are using
<http://www.theguardian.com/global-development/aid> aid to
<http://www.theguardian.com/world/africa> Africa as a smokescreen to hide
the "sustained looting" of the continent as it loses nearly $60bn a year
through
<http://www.theguardian.com/global-development/2013/may/10/tax-evasion-afric
a-rich-countries> tax evasion,
<http://www.theguardian.com/commentisfree/cif-green/2009/nov/28/africa-clima
te-change> climate change mitigation, and the flight of profits earned by
foreign multinational companies, a group of NGOs has claimed.

Although sub-Saharan Africa receives $134bn each year in loans, foreign
investment and development aid,
<http://www.healthpovertyaction.org/wp-content/uploads/downloads/2014/07/Hon
est-Accounts-report-v4-web.pdf> research released on Tuesday by a group of
UK and Africa-based NGOs suggests that $192bn leaves the region, leaving a
$58bn shortfall......

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Received on Tue Jul 15 2014 - 14:35:55 EDT