Africa: The devastating cost of Africa's wars - New report

Conflicts in Africa since the end of the Cold War have cost the continent $306-billion, equivalent to all the foreign aid it has received over the same period, according to a report released by The research released on Thursday by Oxfam, Saferworld and the International Action Network on Small Arms, estimates that conflict shrinks economies by 15% on average. The study, Africa's Missing Billions, says that almost half of the countries on the continent have been involved in some form of conflict since 1990.