Europe’s tax haven investments in Africa

Author (Person)
Series Title
Series Details 31.10.14
Publication Date 31/10/2014
Content Type

On 31 October 2014, EUObserver published an investigative article on current investment in Africa based on an investigation from the Illicit Finance Journalism Programme (IFJP), providing the example of Qalaa, a successful African investment fund.

The article shows its business model, its activity and alleged use of tax havens, as well as its connections to European authorities and institutions, including the European Investment Bank (EIB) from which it received several loans.

Source Link Link to Main Source http://euobserver.com/investigations/126144
Related Links
ESO: Background information: EU-Africa Business Forum: Working together towards sustainable growth and employment http://www.europeansources.info/record/press-release-eu-africa-business-forum-working-together-towards-sustainable-growth-and-employment/
ESO: Background information: The European Investment Bank in Africa, the Caribbean and Pacific: Business Strategy 2014-2016 http://www.europeansources.info/record/the-european-investment-bank-in-africa-the-caribbean-and-pacific-business-strategy-2014-2016/
EUObserver, 16.03.15: The EIB in Africa: How the Juncker plan might work https://euobserver.com/economic/127827

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