Printer-friendly versionSend by emailPDF version

This programme considers net outflows of financial assets from Africa, the region with the fastest growth of millionaires in the world; and how the tax burden is being pushed back on to those who can least afford to pay.

Most Africans are poor. Everyone knows that. But they needn't be. On current estimates, for every dollar of aid that flows into Africa, five dollars of financial assets flow out into private bank accounts in the rich world. Money that's never taxed. Africa has the fastest growth of millionaires in the world, but the burden for building much needed infrastructure keeps on getting pushed back to those who can least afford to pay. In what is emerging as a major social justice issue for this decade, the programme's guests challenge the accountants and politicians of the world to 'go figure!'