Africa: Corruption Carries High Cost, World Bank Says

source: allAfrica
Inter Press Service (Johannesburg)
Mohammed A. Salih
16 March 2010

Washington — Poverty is on the rise in Sub-Saharan Africa (SSA) and various forms of corruption threaten to undermine the impact of investments made to meet the Millennium Development Goals (MDGs) in the continent, said the World Bank in a report released Monday on Africa’s development.

The report says the number of people who live on less than two dollars a day has doubled from 292 million in 1981 to nearly 555 million in 2005.

Painting a gloomy picture of Africa’s state of development, the report says the SSA region presents the “most formidable development challenge” of the world. It says thousands of people are dying from preventable diseases on a daily basis, and HIV/AIDS and malaria continue to spread through the continent.

The report also highlights “pervasive” corruption in Africa in a 29-page essay elaborating on the subject. It focuses on “quiet corruption”, a term referring to the “the failure of public servants to deliver goods or services paid for by governments” that do not [continue reading]

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