As March kicks off, we reflect on the successes of a joint ethics training program held in Lagos earlier in the year. On January 25, CIPE and the Abuja Chamber of Commerce and Industries (ACCI) held the first in a series of procurement integrity bootcamps tagged “Procurement Integrity for Transparency and Shared Prosperity” for 16… Read More
In his first address to Nigeria’s National Assembly at the end of last year, the newly appointed chairman of Nigeria’s Economic and Financial Crimes Commission highlighted the high costs of procurement fraud and corruption. Ola Olukoyede, a seasoned lawyer with over 20 years of experience working on regulatory compliance, shared the striking results of the… Read More
Photo Credit: G20 Argentina By John Zemko, Regional Director of CIPE’s Latin America and Caribbean Department World leaders gathered recently in Buenos Aires, Argentina for G20 meetings intended to center around a theme of “Building Consensus for Fair and Sustainable Development.” The host country President Mauricio Macri has put fighting corruption at the core of… Read More
Photo Credit: Open Contracting Partnership and the Natural Resource Governance Institute By Peter Glover, an Assistant Program Officer with CIPE’s Anti-Corruption and Governance Center The Open Contracting Partnership and the Natural Resource Governance Institute jointly released a report called “Open Contracting for Oil, Gas, and Mineral Rights: Shining a Light on Good Practice.” The report… Read More
Did you know that public procurement — goods and services bought by governments — accounts for around one-fifth of global GDP? Or that in most high-income economies public procurement takes up a third of total public spending, and in developing countries even more – about half? These figures represent a significant share of national wealth…. Read More
Corruption costs a lot of money for citizens around the globe. The World Economic Forum and the World Bank estimates that corruption reduces global GDP by 5% ($2.6 trillion) per year with over $1 trillion paid in bribes. For businesses, corruption makes up 10% of the total cost of doing business and up to 25% of… Read More