00783nam a22000977a 4500100002400000245004600024260004800070520041800118650006500536856008400601 aPatrick, Mcgroarty  aAfrica Loses $60 Billion a Year Illegally aJohannesburgbThe wall street journalc2015 aThe article looks into how Africa is losing huge amounts of money to illicit flows based on the report released by the joint panel run by the United Nations and the African Union. These losses have hindered development in Africa and it is important that African governments begin to act. Tax evasion, bribery, corruption and capital flight are some of the activities that have led to Africa losing a lot of money. ataxes tax evasion corruption capital flight money laundering uiffoadatabase.trustafrica.org/iff/africa_loses_60_billion_a_year_illegally.docx