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Honest Accounts 2017

Honest Accounts 2017: How the world profits from Africa’s wealth

Originally published: Jubilee Debt Campaign (24 May 2017)

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. Thus much more wealth is leaving the world’s most impoverished continent than is entering it.

Download the full report here.

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    […] loses more money each year than it receives in aid, investment and remittances. According to Honest Accounts 2017 more than three times the amount Africa receives in aid was taken out mainly by multinational […]