Tagged: extractive industries
In a briefing note on mining agreements between AREVA and Niger, Oxfam and ROTAB, both members of the "Publish What You Pay" coalition, denounced the secrecy and pressure surrounding the negotiations.
Sweeping measures to improve transparency and governance are urgently needed to end a scandal that has seen Africa lose an average of $1 billion every week for the past 30 years in illicit financial flows.
Oxfam is urging President Obama and African leaders to make bold commitments to help transform African institutions into models of transparency and accountability.
Oxfam America commends the US Congress for making disclosure of payments from oil and mining companies to governments around the world a legal requirement. This historic measure will increase financial transparency and help reduce corruption.