Beneficial Ownership Transparency could end anonymous companies linked to corruption and mismanagement in infrastructure procurement
By Olive Kabatwairwe, CoST Africa Regional Manager Africa needs USD $100 billion a year for infrastructure development, but only $45 billion is being mobilized annually. Governments don’t have the capacity to deliver infrastructure investments single handedly, therefore, they need to work with the private sector. These engagements are often curtailed with fraud, bid rigging, influence
