IFF | Africa Times

AfDB launches project to combat money laundering, corruption

The African Development Bank (AfDB) and the Coalition for Dialogue on Africa (CoDA), an independent African forum, announce a three-year project to help curb money laundering, bribery and other illicit financial flows (IFF) in African nations. The formal launch of the African Financial Integrity and Accountability Support Project (AFIAP) was…

Laureen Fagan

Laureen is the editor of Africa Times

Nigeria leads on IFF recovery but Africa is still losing $89b a year

A new report from UNCTAD, the United Nations agency on trade and development, finds that African nations are losing an estimated US$88.6 billion every year in illicit financial flows (IFFs) across borders. IFFs are movements of money and assets that are illegal in source, transfer or use. These losses approach…

AT editor

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