Tax Havens: An Emerging Challenge to Africa's Development Financing Shaxson, Nicholas Tax havens Tax evasion Transparency The term 'tax haven' is a bit of a misnomer because they are not just about tax, but about a whole range of other things too. There is no generally agreed definition of what a tax haven is, but if you drill right down to the core of what these places offer, you end with two words: 'escape' and 'elsewhere'. Once what this means is understood, it becomes clear why they are such a threat to Africa. Geneva Association of Concerned African Scholars 2012. 2012. Text 5p. http://iffoadatabase.trustafrica.org/iff/tax_havens_an_emerging_challenge_to_africa's_development_financing.pdf