Corruption in Africa

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Corruption in Africa

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• Analysts say that countries like Africa lose
  millions of dollars each year through corruption.
  Local and international efforts to regenerate a
  pure government have been discrepant.
• Africa is considered among the worlds most
  corrupt places, a factor seen as bestowing to the
  scrabbly development and poorness of many African
  states. Of the countries regarded as the most
  corrupt in the world, Africa is one of the
  leading countries on corruption.

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• Some economists debate that African governments
  need to fight corruption instead of swearing on
  foreign aid. But the anti-corruption attempts on
  the continent have shown mixed results in these
  years, and a fear that major international
  partners are not interested to maintain purchase
  over African governments. A first step for
  transparency in the industries shows promise, but
  is generally untested. Some experts suggest
  African interest in attracting foreign investment
  will serve to prod more essential efforts to
  fight against corruption.
• Corruption in Africa ambits from high-level
  political bribery on the scale of millions of
  dollars to low-level bribes to police and custom
  officers. While political transplant brings down
  the largest direct financial cost on a country,
  petty payoffs have a destructive effect on basic
  institutions and weaken public trust in the
  government. Over half of East Africans polled
  paid payoffs to access public services that
  should have been available freely, according to
  the 2009 East African Bribery Index, accumulated
  by Transparency International. An academic
  research tells that a one-point improvement in a
  countrys corruption score is related with a
  productivity increase equal to 4 percent of GDP.
  If you want to fight against corruption, its
  the best way to fight against poverty.

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• Experts say many public officials in Africa want
  re-election as the holding office gives them
  admittance to the states coffers, as well as
  resistance from prosecution.
• The preponderance of corruption also deflects the
  political process in this way. When the stakes
  are so high for remaining in office, candidates
  are more prospective to buy votes or set up an
  election. These are more trustworthy ways of
  winning an election than trying to gain voter
  approval by being a good government.
• In the past few years, African governments have
  made some great efforts to fight against
  corruption. In many cases, they have been goaded
  by international donors forcing for good
  governance and transparency as well as domestic
  pressure to accomplish hopes made on the campaign
  track. Experts say many countries have made quite
  progress on reducing corruption. But there are
  also many countries like Africa that have made
  insufficient progress on fighting graft.

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• The country should establish anti-corruption
  agencies that aim to investigate and prevent,
  prosecute corruption in Africa. Expert says such
  commissions are largely inefficient and
  ineffective due to their doubtful political
  footing.
• Experts suggest a variety of methods for African
  governments to battle corruption in Africa, with
  a special emphasis on accountability and
  transparency. So visit us at Panafricanvisions.com
  to know more about Africa.