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Untold story of illicit financial flows in Africa

Untold story of illicit financial flows in Africa

With over $1.4trillin lost to illicit financial flows in Africa these past three decades, it is anybody’s guess why the continent’s economy has remained in a parlous state. Ibrahim Apekhade Yusuf just back from Johannesburg, South Africa, report on outcome of panel discussions to address the menace. Africa is cash strapped, no doubt. But the […]
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$1.4trillion lost to illicit financial outflows from Africa in 30 years

$1.4trillion lost to illicit financial outflows from Africa in 30 years

Indications are that African countries may have lost over $1.4trillion to illicit financial flows (IFFs) in the last three decades. Making this disclosure recently was Logan Wort, Executive Secretary, African Tax Administration Forum (ATAF). He spoke with our correspondent in Johannesburg, South Africa, during a week-long media engagement workshop and training for journalists drawn fromRead More
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