IFF

Forthcoming African Governance Report to tackle Institutional Architecture to address IFFs from Africa

Addis Ababa, 12 November 2018 (ECA) - The Economic Commission for Africa will assemble a group of experts this week in Addis Ababa for a discussion on how to enrich and shape the forthcoming sixth edition of the African Governance Report (AGR VI ) themed: ‘Institutional Architecture to Address Illicit Financial Flows from Africa’.

Expected at the meeting are experts from governments, research and academic institutions, think tanks from within and outside Africa, as well as staff from ECA and other UN entities.

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“Fighting Corruption and Illicit Financial Flows (IFFs) in Nigeria is non-Negotiable” - President Buhari

Abuja, Nigeria, October 11, 2018 (ECA) – “For my administration, fighting corruption and Illicit Financial Flows (IFFs) in Nigeria is non-gegotiable’, This was the statement by Muhammadu Buhari, President of the Federal Republic of Nigeria to Thabo Mbeki, former President of the Republic of South Africa and Chair of the AU/ECA High-Level Panel on Illicit Financial Flows from Africa. 

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Illicit financial flows continue to impede Africa’s development, says ECA’s Boko at HLPD 2018

Cairo, Egypt, 11 July 2018 (ECA) – African countries are committed to mobilizing adequate and predictable resources to finance the sustainable development goals agenda but they continue to be impeded by a number of factors, chief among them the loss of more than $50 billion annually through illicit financial flows, says Economic Commission for Africa’s (ECA) Sylvain Boko.

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CoDA Launches Office at The African Union Headquarters in A Strategic Move to Strengthen the Fight Against Illicit Financial Flows

30 January 2018, Addis Ababa, Ethiopia; The African Union Commission officially opened the Coalition for Dialogue on Africa (CoDA) office at the African Union Headquarters in Addis Ababa, Ethiopia. The launch was officiated by the African Union Commission Deputy Chairperson Amb.

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African Union Commission and The Coalition for Dialogue on Africa Deepen Collaboration on Curbing Illicit Financial Flows

24 January 2018, Addis Ababa, Ethiopia; The Deputy Chairperson of the African Union Commission, H.E. Amb. Kwesi Quartey, held a bilateral meeting with the Alternate Chair of the Coalition for Dialogue on Africa (CoDA), Mr. Abdoulie Janneh to discuss, among other issues, the illicit Financial Flows and the relocation of the CoDA office from the UNECA to the AU Headquarters. The Deputy Chairperson noted the relevance of having CoDA at the AU Commission, observing its role as an alternative platform for dialogue and debate on key issues related to Africa’s development agenda.

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Tax base protection workshop ends with call for more support to strengthen Africa’s capacity

Addis Ababa, Ethiopia, November 13, 2017 (ECA) – A four-day workshop on protecting the tax base of developing countries ended in Addis Ababa Friday with participants being urged to use the new skills and knowledge they gained through the Italian government-sponsored program in implementing more effective and efficient tax systems that will ensure more resources are harvested for Africa’s development.

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Africa needs to build capacity to curb illicit financial flows, says ECA's Opoku-Mensah

Addis Ababa, Ethiopia, 7 November 2017 (ECA) – A four-day workshop on protecting the tax base of developing countries opened here Tuesday with Aida Opoku-Mensah, ECA’s Special Adviser on the Post-2015 Development Agenda, emphasizing the need to build the capacity of African nations so they can track, stop and repatriate funds lost through illicit financial flows (IFFs).

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