Mineral tracking tool helps Zambia combat illicit financial flows
An UNCTAD data evaluation tool helps the southern African nation recover an additional $1 million in export dues from mining companies in one year.
How to beat the lack of data on illicit outflows draining Africa of capital and tax
Written by Paul Akiwumi, Director for Africa and Least Developed Countries, UNCTAD
Africa could gain $89 billion annually by curbing illicit financial flows
UNCTAD’s Economic Development in Africa Report 2020 says stopping illicit capital flight could almost cut in half the annual financing gap of $200 billion that the continent faces to achieve the Sustainable Development Goals.