Corruption is not prevalent to Africa alone, it is common across the globe. From activities such as bribery, money laundering, trade mis-invoicing, tax evasion and general mismanagement of funds, a significant amount of wealth is lost annually to self-interest and similar type ambitions. In 2012, The United States’ Global Financial Integrity (GFI) Organization and the Center for Applied Research at the Norwegian School of Economics published a report that indicated that developing countries have lost over $13 Trillion since 1980 from unrecorded and illicit transfer of capital leaving their countries to developed countries such as The United States and The United Kingdom. Through trade mis-invoicing and tax evasion alone, GFI estimates that developing countries lose over $700 Billion annually. In another report in 2018, Mrs. Vera Songwe, The Executive Secretary to the United Nations Economic Commission for Africa (UNECA), indicated that Africa loses over $148 Billion annually to corruption. This fact was publicized at the 2018 32nd ordinary session of the Executive Council of the African Union summit in Addis Ababa, Ethiopia. This annual loss is over 20% of GFI’s estimate for all under-developed countries globally.
The Olatorera Consultancy brand has grown from an ambitious solo-preneur to a team of over 50 people highly assertive on providing the seal and stamp of “Africa’s Best” to great businesses in Africa and beyond. Chief Executive Consultant, Olatorera Oniru is very passionate about seeing businesses succeed and operate optimally. She is also notably passionate about witnessing Africa transformed into one of the world’s greatest continents. Olatorera Consultancy has an annual outline of businesses we work with. We currently do not accept unsolicited applications. To network with the team at Olatorera Consultancy Limited, please add your company to the reviews page here. An Olatorera Consultancy company representative may be in touch with you shortly after reviewing your company’s readiness for business consultation services.
Some of the services we provide to our clients:
- Doing Business In Africa: Data Analytics, Market Insights, Launch Plan & Strategy Development
- Service Level Critique and Secret-Customer Detective Services
- Customer Service, Quality & Operational Excellence Assurance
- Seal of Africa’s Best and Nomination for Annual List of “Africa’s Best 100 Companies” and “Africa’s Best 100 Leaders”.
- Private Investigation & Facts Collation
- Campaign Management & Political Opposition Research
- Brokering Connections, Contracts & Deals
- Executive Life Optimization Coaching & Psychotherapy