(MENAFN) High levels of corruption seen in Africa are negatively affecting profits, African Union (AU) Chairman Moussa Faki Mahamat warned.
Even though AU accomplished a major triumph through the recently-ratified African Continental Free Trade Area and the development of a single aviation market, the gains are facing risks.
The AU chairman emphasized that "the fight against corruption is of crucial importance" in the continent.
H added "despite the global downturn, several African countries are the world's fastest growing economies."
MENAFN2605201800450000ID1096911032
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.