Added together, the money lost to corruption in developing countries each year, more than US$1 trillion, is nearly ten times the total amount spent by governments on international aid. It is estimated that corruption costs Africa alone US$148 billion.
From a one-off informal gathering in 1975, the group has grown to become the most exclusive and influential club in the world. A leading expert traces its history
For too long there has been a dangerous assumption that progress toward universal schooling is inexorable. In fact, it has stalled, and is even falling back in Africa.