Africa Progress Panel Member receives award, 20 years after his establishment of global anti-corruption organisation, Transparency International
Panel member Peter Eigen said he was “honoured” to receive on Thursday the Federal Republic of Germany’s Grand Cross of Merit in recognition of his efforts to combat corruption at the global level.
After working with the World Bank, Eigen has led several initiatives for better governance and the fight against corruption. In 1993, he founded Transparency International and remained its chair until 2005. He then was the founding Chair of the Extractive Industries Transparency Initiative (EITI) until 2011.
“It’s a very proud moment, I’m honoured to receive this award and very grateful to the many people that I’ve worked with over the years,” Professor Eigen said.
“Despite our various successes, I’m more convinced than ever that the international community must do more to battle corruption, which remains one of the most pervasive and difficult obstacles to poverty reduction and a better, fairer world,” he said, “ this is particularly true in extractive industries sector”.
Part of the ten-member Africa Progress Panel, Professor Eigen is helping prepare the Africa Progress Report, due for release in May, which this year will focus on Africa’s oil, gas, and mining sector.
With strong demand and high global prices set to last, Africa’s mineral wealth could provide a rare opportunity to lift millions out of poverty, but must be managed properly.
Read Transparency International’s press release here.