This presents highlights of the High level Panel report on IFF out of Africa chaired by Thabo Mbeki which gave recommendations on tackling the problem as Africa is estimated to be losing more than $50bn annually in IFFs. The Panel comprises of nine other members from within and outside the continent. Panel’s Mandate was to: Determine the nature and patterns of illicit financial outflows from Africa; Establish the level of illicit financial outflows from the continent; Assess the complex and long-term implications of IFFs for development; Raise awareness among African governments, citizens and international development partners of the scale and effect of such financial outflows on development; and Propose policies and mobilize support for practices that would reverse such illicit financial outflows.
Click on an image to view it in the image viewer
There are no comments for this item.