When a government in Africa is corrupt, there are also some MNCs and their shareholders who stand behind this government and push it to become more corrupt. Whenever a government becomes autocratic denying its citizens freedoms and rights, there are MNCs behind providing weapons to exact violence against its people.
Whenever there is a corrupt politician in Africa stealing money meant for schools, hospitals, roads, and delivery of safe water and sanitation you have a big MNC bank assisting in the transfer of the money to safe haven destinations.
This cosy relationship between the political and business elite in Africa and MNCs in Europe and North America does not only affect governance but it is one of the main reasons why economic underachievement, poverty, hunger and instability permeate almost all African countries.
The parasites who parade themselves as leaders of the continent have for over the years colluded and connived with MNC vampires who since the days of slavery have been the main instrument used by western countries to strip Africa of its rich resources and to keep its inhabitants desperately poor.
Global Witness has produced documents that have implicated American, Belgian, British, French, German, Japanese and Chinese firms and business entities. The dirty tactics employed by western governments, the MNCs, World Bank, IMF, WTO are responsible for the demise of the African continent. Western countries led by the US, Britain, France and lately by China, continue to sell weapons to horrible dictators to crash democratic forces throughout the continent.
They continued to finance brutal wars in Africa ( Libya, Somalia, Ivory Coast, DRC) with the aim of keeping Africa destabilized while their corporations steal the natural resources such as oil, gas, gold and other precious metals complicit with western media.
In a similar vein Global Financial Integrity has demonstrated how western MNCs working in Africa used fraud accounting, tax evasion and other financial malpractices to cheat Africans of the billions of dollars that could be used to develop the continent. IMF and World Bank on their part are in cahoots with MNCs and western creditors to sell their toxic economic policies and poisonous, heavily laden conditional loans to African countries that keep them in odious debts that they spend so much of their GDP in servicing them to the neglect of the human security needs of their people.
Switzerland, hiding behind her discredited illegal financial and banking secrecy laws and infrastructure, continues to play host to more tan $150 billion that is siphoned off from the continent annually by the political and business leaders.