Africa Loses $50 Billion a Year Through Tax Avoidance, Fraud

Africa's money that could be used to improve lives and reduce poverty is leaving the continent through illicit financial flows defined as money illegally earned, transferred and used.

Photo: Uneca

Pile of coins.

  • Africa:   Tackling Africa's Illicit Finance Flight

    Daily Maverick, 19 May 2015

    This week, delegates from across the world are meeting at the University of Johannesburg to discuss financial transparency and human rights. It sounds boring, but tackling illicit… Read more »


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