Sierra Leone and African Development Bank Target $90 Billion in Annual Illicit Financial Flows
Sierra Leone, July 25 -- A four-day high-level seminar concluded last week with concrete recommendations to combat the estimated $90 billion that Africa loses annually to illicit financial flows, as the African Development Bank Group and Sierra Leone Government intensify efforts to strengthen natural resource governance.More than 70 stakeholders from government, civil society, private sector, and international organizations gathered at The Place Resort in Tokeh under the theme "Harnessing Africa's Wealth: Curbing Illicit Financial Flows for Resilient Growth and Development." Illicit financial flows are among Africa's most pressing economic challengesThe dialogue produced specific policy recommendations, including establishing national commu...
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