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Africa loses $89bn annually to illicit financial flows – Tax experts

Africa loses $89bn annually to illicit financial flows – Tax experts

Experts from theWest African Tax Administration Forum(WATAF) and Tax Justice Network Africa (TJNA) say African countries lose about $89 billion annually to illicit financial flows (IFF). Speaking during an interactive session with ECOWAS parliamentarians at the ongoing 2026 First Ordinary Session in...

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Verified on May 12, 2026

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