Content from our Premium Partner

United Nations Economic Commission for Africa (Addis Ababa)

Workshop Tables Next Steps in Fight Against IFFs from Africa

Illicit financial flows (IIFs) out of Africa have become a matter of major concern because of the scale and negative impact of such flows on Africa's development and governance agenda. By some estimates, illicit flows from Africa could be as much as US $50 billion per annum. An ECA and stakeholders two-day workshop which met in Nairobi from November 21-22 seeks to, among other things, "build coherence in efforts to stem IFFs." Find out more. More about ECA in this BRIEFING


"In my view, African countries and partners should move away from pure perception-based measures of corruption and focus on alternative approaches, which are fact-based and built on more objective quantitative criteria and include the international dimensions of corruption... it is necessary to ensure that perception-based methods are better anchored on more transparent and representative surveys. These measurements should also be complemented, where possible, with quantitative country/case-specific indicators to produce more sophisticated and useful assessments. Instead of “naming and shaming” the culprits on the basis of some perceived levels, it is necessary to deeply reflect on the problems of measuring corruption in Africa, with special attention to the roles of international players" - Carlos Lopes, Executive Secretary UN Economic Commission for Africa.

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.