Illicit financial flows in the spotlight in February 2020
- Staff Reporter
- Dec 17, 2019
- 1 min read
Over the last 50 years, it is estimated that Africa has lost over $1-trillion in illicit financial outflows. It’s a figure that haunts African states since the funding could be used to improve development.

In 2015, former South African President Thabo Mbeki noted that illicit financial flows posed a direct risk to Africa’s development, derailing the Millennial Development Goals and the subsequent Sustainable Development Goals.
In February 2020, the Institute for the Advancement of Journalism and Wealth of Nations will host a course that aims to help journalists understand how to best track the illegal movement of money on the continent. The course will run over the period of the African Mining Indaba.
Find out more about the Alternative Mining Indaba here.
If you are interested in attending this course, contact Dimakatso Mathe at dimakatsom@iaj.org.za.

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