Pula Fund Fact Sheet
Apr04

Pula Fund Fact Sheet

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The African Paradox Fact Sheet
Apr04

The African Paradox Fact Sheet

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A recent example of how illicit financial flows are extracting illegitimately wealth from Africa – Rio Tinto suspends senior executive after Guinea investigation

Rio Tinto (RIO.AX) (RIO.L), the world’s second-largest miner, has suspended one senior executive, accepted the resignation of a second and alerted U.S. and UK authorities after discovering $10.5 million in unexplained payments to a consultant in Guinea. Rio said on Wednesday it had launched an investigation after becoming aware on Aug. 29 about emails from 2011 that referred to contractual payments to an unidentified consultant...

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Africa’s opportunity to finance social protection: The role of revenues from extractive industries

The wealth generated by the natural resources of a country should be translated in the wealth of all parts of the population of a country, but the link is far from automatic, as the past has shown. The challenge of Governments is to strike a balance between macroeconomic considerations and development goals, economic (higher productive investment, diversification strategies to reduce vulnerability) and social goals (to improve income...

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Mineral wealth and limited redistribution: social transfers and taxation in Botswana

There are palpable cracks in the Botswana economic growth success story, most apparent in the evidence of persistent and extreme inequality. This article offers new insights into the Botswana puzzle by focusing on redistributive policies – taxation and transfers – as potential mechanisms to tackle poverty and inequality. Read...

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The local economy impacts of social cash transfers A comparative analysis of seven sub-Saharan countries

Africa has taken centre stage in the use of social cash transfer (SCT) programmes to combat extreme poverty and vulnerability. Between 2000 and 2009, over 120 cash transfer programmes were implemented in sub-Saharan Africa, by both governmental and non-governmental institutions (Garcia and Moore, 2012). These programmes increasingly form part of formal government social protection systems and range from small pilots to national,...

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