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Channels of Corruption in Africa: An Analytical Review and Assessment of Trends in Economic and Financial Crimes

In: Corruption, Sustainable Development and Security Challenges in Africa

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  • Kempe Ronald Hope

    (Development Practice International)

Abstract

The economic and financial crimes of embezzlement and theft, bribes and kickbacks, money laundering and illicit financial flows, and through state capture, are all channels of corruption that are prevalent in Africa with significant negative effects on the continent’s sustainable development outcomes. This chapter identifies and analytically reviews and assesses the trends of these principal economic and financial crimes as channels of corruption that impact the development process and economic progress in Africa. It therefore provides an analysis of the nature and extent of the trends in economic and financial crimes, as channels of corruption in Africa, and the resultant negative impact on sustainable development in the region.

Suggested Citation

  • Kempe Ronald Hope, 2023. "Channels of Corruption in Africa: An Analytical Review and Assessment of Trends in Economic and Financial Crimes," Advances in African Economic, Social and Political Development, in: Corruption, Sustainable Development and Security Challenges in Africa, chapter 0, pages 35-56, Springer.
    • Handle: RePEc:spr:aaechp:978-3-031-32229-7_3
    DOI: 10.1007/978-3-031-32229-7_3
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