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Fifty one of the 68 companies that were lent money by the World Bank’s private lending arm in 2015 to finance investments in sub-Saharan Africa use tax havens, Oxfam revealed today.

Today the European Commission released its fourth package to combat tax evasion and tax avoidance. This corporate tax reform package notably includes a proposal to harmonize the tax base among EU 28 member states. Oxfam supports the ongoing efforts of the European Commission to reopen discussions on tax base harmonization and to push ahead in the fight against tax avoidance.

Tens of thousands of Somali refugees fleeing the worsening food crisis and ongoing conflict in the Horn of Africa are being barred from a new aid camp that stands empty and unused while refugee families live in shocking conditions a few kilometers away.

On the day Ivory Coast President Alassane Ouattara is officially inaugurated in front of heads of state from around the world, more than 300,000 people remain displaced from their homes within the country and in neighboring Liberia, and they are in dire need of assistance.

In a country with an exhausted economy and its healthcare facilities decimated, it’s not only about fighting the virus itself but about withstanding its aftershocks. As a result of the lockdown, many people, who already live hand-to-mouth, have been unable to make a living. A crisis within a crisis.

Today, Oxfam publishes “Takers Not Makers” as business elites gather in the Swiss resort town of Davos and, billionaire Donald Trump backed by the world’s richest man, Elon Musk, is inaugurated as President of the United States. The report shows that globally, billionaire wealth grew by $2 trillion in 2024 alone, at a rate three times faster than the previous year.

Many countries in Asia, including Bangladesh, Viet Nam, Indonesia, Pakistan, and the Philippines, should invest more in their governments’ capacity to protect their citizens given the region's vulnerability to climate change.

The Netherlands, Ireland, Luxembourg and Cyprus are among the world’s 15 worst corporate tax havens, according to new Oxfam research published today. The report ‘Tax Battles’ reveals a global race to the bottom on corporate tax that is starving countries out of billions of dollars needed to tackle poverty and inequality.

Everyone deserves care, safety, and support when they need it most.This newsletter shares real stories from Gaza and the West Bank about women and young people facing fear, stigma, violence, and hardship and how the MARKAZ project is helping them find support, care, and hope through safe spaces and community services. The project is implemented by Oxfam and partners with support from the Belgian Government through Enabel.

Eight men own the same wealth as the 3.6 billion people who make up the poorest half of humanity, according to a new report published by Oxfam today to mark the annual meeting of political and business leaders in Davos.