Ramaphosa: Increase transparency around infrastructure projects
Cyril Ramaphosa says Africa can’t develop if its money is simply leaving the continent.
KIGALI - Deputy President Cyril Ramaphosa says it's vital to increase transparency around infrastructure projects to reduce the scope and temptation for corruption.
He's been speaking at the World Economic Forum Africa meeting in Kigali in Rwanda.
Ramaphosa says former President Thabo Mbeki's report about money leaving Africa shows there are serious problems.
"Where African leaders and wealthy people have actually been ciphering money out of their own country and essentially out of the African continent."
He says infrastructure projects must be managed properly.
"You need, as you coordinate, to increase transparency. So that people can be aware of the full ramifications of every project and if you increase transparency you then reduce temptation."
The deputy president says Africa can't develop if its money is simply leaving the continent.