Browsing: Illicit Financial Flows Threaten Security & Stability In Africa

Worry As Illicit Financial Flows Threaten Security & Stability In Africa

At a time when Africa is mobilizing resources for pandemic recovery and sustainable development, illicit financial flows (IFFs) are robbing the continent of 50 billion U.S. dollars annually, UN Deputy Secretary-General Amina Mohammed told a high-level virtual meeting on Thursday held under the African Union’s (AU) “Silencing the Guns” initiative. These staggering losses “would be…