Impact of Illicit Financial Flows on

“Crime”-related illicit financial flows is not a correct term when referring to only some illegal activities such as the drug markets or smuggling, since other types of IFFs

While the problem of finance is more acute for SMEs, large firms in Africa also face significant financing challenges that have to be addressed. It is well known that financial

Addis Ababa, 27 August 2013 (ECA) – The extractive industries sector is central to the illicit outflows of money from Africa, noted the Head of the High-level Panel on Illicit

Abuja, Nigeria, October 11, 2018 (ECA) – “For my administration, fighting corruption and Illicit Financial Flows (IFFs) in Nigeria is non-gegotiable’, This was the statement

Nonetheless + the financial system in Kenya portrayed many of the weaknesses characteristics of many African financial systems including: a relatively controlled and

Nonetheless, the financial system in Kenya portrayed many of the weaknesses characteristics of many African financial systems including: a relatively controlled and fragmented

The third section focuses on the analysis of issues and options pertaining to the mobilisation of private resources and market forces (including factor mobility) for the acceleration

By serving as a destination point for funds, these tax havens undermine efforts to stem illicit financial flows from Africa and may encourage some African countries to also become