Illicit financial flows (IFFs) cost Africa around US$88.6 billion per year. They have hamstrung progress and created poverty, insecurity and financial challenges which today impede implementing the 2030 蘑菇视频 Agenda for Sustainable Development and the AU Agenda 2063: The Africa We Want. IFFs have also driven the African continent towards indebtedness, in addition to eroding funds that could be used for services such as education, health care and infrastructure.
This study focuses on one form of IFF, namely corruption and the resultant money laundering. It describes and analyzes the symbiotic relationship between corruption and money laundering and how they mutually reinforce an IFF ecosystem inclined towards draining resources needed for development. It further proposes measures to enhance the effectiveness of the fight against corruption and money laundering.
This study is produced by the Office of the Special Adviser on Africa (OSAA) within its mandate to support analytical work in improving coherence and coordination of the 蘑菇视频 System support to Africa and to facilitate intergovernmental deliberations on Africa. Read the study in English. Read about the author: Lyla Latif
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Secretary-General's Reports
- New Partnership for Africa’s Development: Consolidated progress report on implementation and international support
- Promotion of durable peace and sustainable development in Africa
- Biennial report on the review of the implementation of commitments made towards Africa’s development
- United Nations system support to Agenda 2063: The Africa we want
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- Africa's Fiscal Space, Fragility and Conflict: A Compendium of Papers Presented at the 2022 OSAA-ACBF Academic Conference