Ideas to Action:

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Tag: Africa

 

Nigeria’s Upward Revision of GDP Should Sound Alarm on Tax-to-GDP Ratio

The long-anticipated rebasing of Nigeria’s GDP series was finally made public on Sunday April 6, and the general media reaction has been cautiously celebratory. But the reaction has largely missed one big point: the rebasing establishes that the biggest economy in Africa has the lowest tax revenues of almost any country in the world.

African Regional Integration and the Fight Against Illicit Financial Flows

The African Development Bank estimates that illicit financial flows have drained in excess of a trillion dollars from Africa since 1980. These flows undermine the tax base, damage political institutions and exacerbate inequality. With major momentum behind global counter-measures, there are clear opportunities for progress at the regional level – including through stronger information exchange and cooperation, tax base harmonization and innovative uses of trade data.

Let There Be Peace (and Power Africa) on Capitol Hill – Todd Moss and Tom Hart (ONE)

Peace is breaking out on Capitol Hill? Can it be true? My guests this week, Tom Hart, the US executive director of the ONE Campaign, and Todd Moss, chief operating officer and senior fellow at CGD, discuss why President Obama’s Power Africa initiative and the complementary Royce-Engel bill have the potential to not only be a great success for Congress and the Obama administration, but also to radically transform the quality of life for the millions of Africans living without access to power.

Seven Graphics that Explain Energy Poverty and How the US Can Do Much More

Energy poverty is an endemic and crippling problem; nearly 600 million people in Africa live without access to any power, which also means no access to safer and healthier electric cooking and heating, powered health centers and refrigerated medicines, light to study at night, or electricity to run a business.  Here’s the situation in the 6 countries chosen to be part of President Obama’s Power Africa Initiative, home to nearly 1/3 of the continent’s population. 

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