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Corruption in South Africa isn’t simply a matter of bad morals or weak law enforcement. It’s embedded in processes of class formation – specifically, the formation of new black elites. This means corruption is primarily a matter of politics and …Continue reading
It seemed too good to be true. A diamond-rich, corruption-free, democratic, prosperous, and peaceful African country with a tradition of peaceful transfer of presidential power (the incumbent president voluntarily leaves office a year before the next general election). It was.…
Yesterday, Atiku Abubakar posted a picture of himself having a phone conversation with US Secretary of State, Mike Pompeo in what appears to be a ‘shut-up’ response to claims by the ruling APC that he is under US sanctions.
But …Continue reading
Despite immense mineral wealth, Africa’s economic success stories are few. Outside Botswana, Ghana, Mauritius, and Rwanda, economies on the continent have been held back by decades of state interventionism, corruption, petulant government spending, and irresponsible borrowing. National debts have reached …Continue reading
What appears to be a “rude prank” is currently playing out in Liberia, a “broke” country in West Africa, where the government has announced the disappearance of $100 million worth of newly printed banknotes being taken to its Central Bank.…Continue reading
Son of Equatorial Guinea’s president, Teodorin Nguema Obiang, who doubles as the country’s Vice President, has been seized with $16 million in cash and luxury watches at the Brazilian airport.
The questionable items were seized from Obiang by Brazilian customs …Continue reading
In Nigeria, you need as much as US$125,000 to buy a presidential nomination form. These exorbitant amounts are aimed to keep the highest political office in the hands of the monied, the connected and the corrupt.
If you were a …Continue reading