Why Combatting Illicit Financial Flows Must Be Africa’s Top Priority  

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By Robert Mwanyumba, Africa Regional Coordinator, Transparency International Illicit financial flows (IFFs) are notoriously difficult to measure. In 2020, UN Trade and Development estimated that Africa loses an $89 billion annually to illicit financial flows (IFFs), which is about 3.7 percent of the continent’s GDP. This staggering figure—surpassing the total annual foreign aid to the… Read More »Why Combatting Illicit Financial Flows Must Be Africa’s Top Priority