Tackling Illicit Financial Flows for Sustainable Development in Africa
llicit financial flows strip government treasuries of needed resources for development expenditure. The report’s findings confirm that such financial flows are high in Africa and have been increasing over time. Curbing illicit financial flows is therefore an avenue for providing African countries with additional funds towards achieving Agenda 2063 and the Sustainable Development Goals. African countries need to engage much more in the international arena, including in the reforms of the international taxation system, to make it more relevant to the challenges Africa faces in the twenty-first century.
