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Africa’s Inequality Crisis and the Rise of the Super-Rich
Kamande Anthony ; Hallum Christian
Kamande Anthony
Hallum Christian
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Publication date
2025-07-10
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Briefing paper
Pages
60
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<p>Africa is facing a double inequality crisis: extreme inequality alongside weak commitment among its governments to fight it. But there is hope. The African Union has urged member states to reduce inequality by 15% in the coming decade and has identified progressive taxation as a key tool to do so.  The challenge, though, is the “how” – to achieve this target. Most African countries are not fully leveraging progressive taxation to effectively tax the super-rich and address inequality. The reasons for this are many, including the regressive policies peddled by the International Monetary Fund (IMF), the corrosive impact of illicit financial flows, and the lack of political will to confront inequality.  </p>
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English
French
French
