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The combined wealth of Nigeria’s five richest men - $29.9 billion - could end extreme poverty in that country according to a new report published by Oxfam today.  

EU governments are on the brink of agreeing a tax haven blacklist that could ensure corporate tax havens face international sanctions for the first time. This is a welcome move if the list includes objective and comprehensive criteria instead of focussing solely on opacity of tax systems, said Oxfam today.

The 50 biggest US companies, including global brands Pfizer, Goldman Sachs, GE, Chevron, Wal-Mart, and Apple, stashed $1.6 trillion offshore in 2015 –  $200 billion more than the previous year - according to a new report by Oxfam.  

African leaders must build a new more 'human economy' to tackle inequality and poverty, said Oxfam today ahead of the World Economic Forum (WEF) on Africa. The meeting, which takes place in Durban from 3 – 5 May, will bring political and business leaders together from across the continent to discuss how to achieve inclusive growth. New data on top incomes from the Brookings Institute reveals that levels of inequality in many African countries are far higher than previously thought. Seven of the 20 most unequal countries in the world are African: Swaziland is the world’s most unequal…

Under this new proposal, companies’ profits and their ability to shift them offshore will barely be affected and consequently developing countries will only see a very small increase in their corporate tax revenues. 

The European Commission has missed yet another chance to effectively end tax havens. Today’s tax transparency proposal is not sufficiently ambitious and too limited in its scope for that task.

The crises the Sahel faces, whether they be of a humanitarian, environmental, or security nature, are all rooted in the inequality and profound sense of injustice that permeate Sahelian societies.

Three African billionaires today have more wealth than the poorest 50% - or 650 million people across the continent, reveals a new Oxfam report today.

Runaway inequality has created a world where 62 people own as much wealth as the poorest half of the world’s population – a figure that has fallen from 388 just five years ago, according to an Oxfam report published today ahead of the annual gathering of the world’s financial and political elites in Davos.

Gender inequality is both the cause and the consequence of violence against women and girls, said Oxfam today, as the agency launches a new global campaign called “Enough: Together We Can End Violence Against Women and Girls” to stop one of the most prolific human rights violations.