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    Africa: Rising for the few

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    Description:
    English media briefing
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    French media briefing
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    Author(s)
    Godfrey, Claire
    Publication date
    2015-06-02
    Subject
    Aid
    Approach and methodology
    Economics
    Governance and citizenship
    Keywords
    Development methods
    Finance
    Aid effectiveness
    Climate finance
    Economic empowerment
    Economic growth
    Taxation
    World Bank and IMF
    Country
    Mozambique
    Niger
    Nigeria
    South Africa
    
    Metadata
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    Publisher(s)
    Oxfam International
    Document type
    Media briefing
    Description

    Multinational companies cheated Africa out of US$11bn through just one of their tax dodging tricks - trade mispricing - in 2010. Africa is growing economically, but billions of dollars a year are flowing out of the continent. This deprives governments of vital potential investments in healthcare and education for all, and sustainable agriculture.

    Securing Africa's economic rise will be top of the agenda at the 25th World Economic Forum-Africa in Cape Town. Oxfam is calling on business and political leaders to demand an intergovernmental tax body to reform the global tax rules so that multinational companies pay their fair share of tax in Africa.

    Pages
    17
    ISBN
    978-1-78077-870-9
    URI
    http://hdl.handle.net/10546/556037
    Additional Links
    https://policy-practice.oxfam.org.uk/publications/africa-rising-for-the-few-556037
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