Home / Business / How the world profits $42 Billion a year from Africa’s wealth

How the world profits $42 Billion a year from Africa’s wealth

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.

Source :

mronline

Check Also

Inflation drop at core for Fed rate cuts

WASHINGTON. — June 2018 was a blue-sky month for the Federal Reserve, with strong economic …

error: Content is protected !!