For the past four decades, a plague of cold-blooded thieves has descended upon Africa like a swarm of blood sucking ticks. These thieves masquerading as leaders have been trafficking in Africa’s natural resources and trading in the wealth created by the blood, tears and sweat of African peoples. The business of African “governments” is large part corruption. The majority of African “leaders” seize political power to operate sophisticated criminal enterprises to loot their national treasuries and resources. Stated simply, many African “governments” and “regimes” are kleptocracies which function in much the same way as the highly organized and centralized criminal enterprises that dominate the business of crime in the West. Put simply, corruption undermines the promise of democracy. It imperils development, stability and faith in our markets. And it weakens the rule of law. Corruption erodes, even destroys, the faith of citizens in their governments. As I speak, a corrupt official somewhere is enjoying undeserved and illegal proceeds. He may be driving a brand-new luxury car. She may be filling her off-shore bank account with tainted cash OR buying the latest gold and diamond Jewelry. They may be traveling first-class on all-expenses-paid holidays. Bribery in international business, for example, may center on shell companies and wire transfers, but no matter where — or how — it happens, the corrosive result is the same: stymied development, lost confidence and distorted competition. The result is unfairness, injustice; the consequence is economic decay, not development.. The poor and powerless bear the brunt of corruption in Africa. The devastating impact of corruption and theft on the continent’s poor becomes self-evident as political leaders and public officials siphon off resources from critical school, hospital, road and other public works and community projects to fill their pockets.