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Sierra Leone and African Development Bank Target $90 Billion in Annual Illicit Financial Flows
The workshop sessions focused on identifying illicit financial flows, managing resource-backed lending, and developing transparent governance mechanisms
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 (www.AfDB.org) and Sierra Leone Government intensify efforts to strengthen natural resource governance. More than 70 stakeholders from government, civil society,…