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Money Talks: Africa at the G7

Africa is among the world’s fastest-growing continents, but the rich world is reaping the rewards of this growth, as billions of dollars a year flow out of Africa.

In 2010 alone, G7-based companies and investors cheated Africa out of an estimated $US6bn through just one form of tax dodging – trade mispricing. This is depriving it of vital revenue that could enable it to fund healthcare and education for all, and invest at scale in sustainable agriculture.

Author

Oxfam

Publisher

Oxfam

Publication date

Publication type

Briefing paper

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