Scale corruption is the proverbial elephant in the room in the
ongoing conversation about Africa's growth story. If countries
on the African continent want to successfully attract the
investment required for inclusive growth, the respective
governments and private sector players must take urgent action to
tackle corruption.
This is not to say that corruption is not a serious problem
elsewhere on the globe, but lessons from the fastest growing
economies in the world show that the fight against corruption must
be prioritised if investors are to have confidence that their money
will be safe in a particular country.
Too much talk and too little action on corruption is one of the
biggest barriers to investment on the African continent. Despite
commitments from African leaders in declaring 2018 as the African
Year of Anti-Corruption, this year's Corruption Perceptions
Index (CPI) published by Transparency International presents a
largely gloomy picture for the