Tag: illicit financial flows
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Mo Ibrahim Foundation Demands Global Finance Reform at Seville Summit
The Mo Ibrahim Foundation has issued an urgent call to overhaul international financial systems ahead of the Fourth International Conference on Financing for Development...
Ghana Loses US$11.4 Billion in Gold Smuggling Crisis
A new Swissaid report reveals Ghana lost approximately $11.4 billion in gold revenue through smuggling between 2018 and 2023, with most undocumented shipments reaching...
AfDB Urges African Nations to Boost Domestic Resource Mobilization
The African Development Bank has called for urgent reforms to unlock domestic financing across the continent, revealing Africa requires $1.3 trillion annually to meet...
Political Will, Not Funding, Stalls AfCFTA Implementation – ACET CEO
The African Continental Free Trade Area (AfCFTA) faces implementation hurdles due to political inaction rather than financial constraints, according to Mavis Owusu-Gyamfi, CEO of...
Ghana Loses US$3bn Yearly to Illicit Financial Flows
Ghana loses over US$3 billion annually to illicit financial flows (IFFs), prompting the Economic and Organised Crime Office (EOCO) to call for urgent multi-stakeholder...
