Africa Undisguised

News, Views and Opinion from Africa

Business

Forbes’ List of African Billionaires Without Mo Ibrahim’s Name Brings Suspicion

I have been reading over and over again the Forbes list of the 40 richest Africans which was published recently. The list does not include what many would consider the usual suspects, when talking about rich people in Africa. There…

Nigeria Leads in Illicit Financial Outflow From Sub-Sahara Africa – Global Financial Integrity’s Report

In a groundbreaking report which uses World Bank and IMF data to estimate the quantity and patterns of illicit financial flows coming out of developing countries, the Global Financial Integrity (GFI) has documented Nigeria as the leading source of illicit financial outflow from sub-Sahara…