01132nam a22001457a 4500100001500000245008200015260006600097300000800163520057600171650004800747856009500795942000700890999001500897952007400912 aYeboah, S. aThe Economic Costs of Illicit Financial Flows in Africa’s Extractive Sector aCenturion, South AfricabAfrican Development Bank Groupc2017 a4p. aIn Africa, the extractive sector, which is a major driver of economic growth and source of revenues, is more prone to illicit flows. The features of the extractive sector – high level of complexity and revenue-generating potential; cross border supply chains; high degree of technological specialization – makes it particularly susceptible to the various forms of illicit financial flows. From 2001 to 2014, the extractive industries made up nearly two-thirds of exports from African countries – with oil and gas alone accounting for close to 50% of total exports.  aIlicit Financial Flows, Extractive Industry uiffoadatabase.trustafrica.org/iff/The_economic_costs_illicit financial_flows_in_Africa.pdf cCF c1068d1068 0010407093a791141b791141d2018-05-30r2018-05-30w2018-05-30yBK