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Africa losing nearly 90percent of development money to corruption

United Nations Economic Commission for Africa Principal Regional Advisor for Development Planning Macroeconomic and Governance Division Sylvain Boko, during an interview on December 20, 2019 at Hilton hotel, Nairobi. [Edward Kiplimo/Standard]

About 90 per cent of resources allocated for development could be lost in most African countries because of lack of accountability and corruption, a senior United Nations official has said.

Sylvain Boko, Principal Regional Advisor at the UN Economic Commission for Africa (UNECA), says a lot is lost, denying the continent real and fast development.

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