Africa loses $150 billion annually to GRAFT - PM

 
CORRUPTION in Africa is costing the continent around $150 billion a year, according to Prime Minister Kassim Majaliwa.

 

The PM made the remarks yesterday in Dar es Salaam when addressing members of the East African Legislative Assembly (EALA). “According to the African Union (AU), corruption and bureaucracy have been identified as some of the biggest obstacles to cross-border trade between our nations,” he said.

 

SOURCE: THE GUARDIAN