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Africa: IFFS Deepening Africa's Debt Crisis, Warns Afrodad

Summary by allAfrica
Illicit Financial Flows (IFFs) are increasingly being recognised as a key driver of Africa's mounting debt crisis, with the continent losing an estimated US$80 to US$90 billion annually through such practices.

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Africa: IFFS Deepening Africa's Debt Crisis, Warns Afrodad

Illicit Financial Flows (IFFs) are increasingly being recognised as a key driver of Africa's mounting debt crisis, with the continent losing an estimated US$80 to US$90 billion annually through such practices.

·South Africa
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allAfrica broke the news in South Africa on Thursday, April 17, 2025.
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