Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Public Management

Transparency International highlights slow headway in anti-corruption efforts in Africa

Tuesday, 13 February 2024 21:03
Transparency International highlights slow headway in anti-corruption efforts in Africa

(Ecofin Agency) - Transparency International observed in its latest Corruption Perceptions Index (CPI) little improvement in anti-corruption efforts across all African countries, although some stand out. The best performances were notably noted in countries like Seychelles, Angola, and Côte d'Ivoire.

Transparency International recently issued its Corruption Perceptions Index (CPI) for 2023. The organization revealed that only 23 out of the 54 African countries improved their scores. The CPI assesses 180 countries and territories worldwide based on the perceived level of corruption in the public sector, using a scale from 0 (highly corrupt) to 100 (very clean).

Among the top performers in Africa, Seychelles, Cape Verde, Rwanda, Mauritius, and Côte d'Ivoire, which have consistently improved on the CPI over the past decade, emerged as the top five countries with the most significant progress. Seychelles led the African rankings, followed by Cape Verde and Botswana. Conversely, Equatorial Guinea, South Sudan, and Somalia recorded the lowest scores.

According to the NGO, most African countries showed stagnation, and the overall score for the region remains mediocre. The regional average has not changed; 90% of sub-Saharan African countries scored below 50. For the 23 "good performers", Transparency international revealed that the main key behind their improvement is the recent reforms they have implemented. For instance, Côte d'Ivoire revamped its legislation, mandating high-ranking officials to declare their assets. In 2023, the country introduced a dedicated digital platform for whistleblowers, encouraging citizens to report corruption with significant economic implications.

According to the OECD and the African Development Bank, corruption hampers efforts to achieve higher investment rates. In 2015, the African Development Bank estimated annual losses due to corruption in Africa at $148 billion. The report underscores the ongoing battle against corruption and the positive impact of proactive measures on transparency and accountability across the continent.

Additional Info

  • communiques: Non
  • couleur: N/A
 
Finance


 
Mining


 
Telecom



ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.