Africa's Richest Woman - Mrs Folorunsho Alakija

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Vice Chairman of Famfa Oil and Gas limited and has emerged the richest woman in Africa according to Forbes November 2012 edition, with a net worth of $600million, which is about N94 billion. The 61 year old former FADAN president is married and has four boys.

Africa: Tax Havens - An Emerging Challenge to Africa's Development Financing

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Africa: Tax Havens - An Emerging Challenge to Africa's Development Financing
The term 'tax haven' is a bit of a misnomer because they are not just about tax, but about a whole range of other things too. There is no generally agreed definition of what a tax haven is, but if you drill right down to the core of what these places offer, you end with two words: 'escape,' and 'elsewhere.' Once we understand what this means, it becomes clear why they are such a threat to Africa.