Rwandan minister concerned about Africa’s US$50 billion annual losses

posted in: Africa, Afrique

The estimated US$50 billion being lost annually by Africa due to illicit financial flows should be a source of concern to the continent, especially as access to finance and capital was a key constraint to growth and economic development, Rwanda’s … Read More

Mbeki urges action plans to tackle illicit financial flows from Africa

posted in: Africa, Afrique

New York, US (PANA) – Addressing billions of illicit financial outflows from Africa is imperative as the continent needs domestic resources for its development, says the former President of South Africa, Thabo Mbeki, who chairs a United Nations panel on … Read More

Global efforts needed to address illicit financial flows from Africa’

posted in: Africa

Thabo Mbeki New York, US (PANA) – UN Deputy Secretary-General, Mr. Jan Eliasson, and former South African President Thabo Mbeki, have stressed the need for global efforts to address the problem of illicit financial flows from Africa, which have crippled … Read More

Mbeki leads team tracking illegal cash flows from DRC

posted in: Africa

Former South African President Thabo Mbeki By PANA Addis Ababa, Ethiopia – Africa’s 10-member High Level Panel on Illicit Financial Flows will next week embark on a three-day visit to the Democratic Republic of Congo (DRC) to examine the seriousness … Read More