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Tag Archives: Kofi Annan

Kofi Annan: Africa needs responsible investment and business practices

Although Africa has remained a hub for many foreign countries by offering exciting investment opportunity, there is need for stable business environment, responsible investment and business practices, says Kofi Annan. Kofi Annan, who heads Africa Progress Panel, says that in Africa’s oil, gas and mining sectors, multinationals make use of shell companies in offshore tax havens to evade taxes. “These practices …

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