Kenya: Minister accuses foreign firms of corruption
06.06.2005
Some foreign companies in Africa are as guilty of corruption as the nations in which they invest, planning minister Anyang’ Nyong’o told an economic summit. The minister said that while African corporate dealings were becoming cleaner, the bribes were higher because of increased risk of getting caught. Global business leaders at the World Economic Forum (WEF) summit said Africa was winning the war on graft, often cited as a major barrier to trade and investment in the continent.