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Wednesday, January 9, 2013
Opaque investments Johns Hopkins University’s Deborah Brautigam argues America’s foreign direct investment in Africa must become more transparent:“At least as posted on the website of the OECD’s statistics bureau, the US claimed that 2010 FDI data by US companies in twelve African countries (almost all resource-rich) was ‘confidential’. What’s more, in 2010 the second most popular destination for US FDI flows to Africa was … Mauritius (a tax haven) where US firms sent $1860 million.”
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