Africa is blessed with natural resources like gold, oil, diamonds, cobalt, iron, copper, uranium, silver, bauxite, cocoa beans and petroleum. Unfortunately the standard of living of many people in the continent is deplorable. This is largely due to corrupt governments ruling many countries in the African continent.
Transparency International has been publishing the corruption perceptions index (CPI) since the turn of the new millennium. If a country has a CPI of 100 it is very clean. If the score is 0, then the country is highly corrupt.
Here is a brief overview of the top 20 most corrupt nations in Africa as of 2014, according to Transparency International.
Although the government of Mozambique has taken steps to fight corruption, its still a big problem. Corruption remains in both the public and donors, who support almost half of the nation’s budget.
Systematic corruption has caused weak governance and widespread poverty in Sierra Leone. The anti-corruption institutions still lack resources, staff and expertise.
Although there are comprehensive laws to fight corruption, its still a serious problems in Tanzania with bribery is often demanded in the business sector.
Corruption has become deeply entrenched in Mauritania. Part of what fuels corruption in this nation is the insufficient information or absence of transparency about local companies, the identities of their owners, and financial report.