Summary:
- This article discusses the shift of Africa's offshore finance industry from the West to the East, particularly to countries like China and the United Arab Emirates.
- The research from the University of Oxford suggests that this shift has significant implications, such as the potential for increased financial secrecy and the impact on African countries' ability to mobilize domestic resources.
- The article highlights the need for further examination and understanding of this trend, as it could have significant consequences for the economic and political landscape of Africa.