Africa loses $88bn annually through illicit financial flows – Akufo-Addo

Summary by Ground News

President Nana Akufo-Addo has called for the use of tax policies, among others to check illicit financial flows out of the continent. The president said illicitfinancial flows cost Africa close to 100 billion dollars which denies the continent the needed resources to facilitate growth and development. He also urged African countries to take inter-trade seriously to enable the continent to resist future shocks.

Published 2 months ago · Ghana

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Ghana Guardian

Africa loses $88bn annually through illicit financial flows – Akufo-Addo

President Nana Akufo-Addo has called for the use of tax policies, among others to check illicit financial flows out of the continent. The president said illicit financial flows cost Africa close to 100 billion dollars which denies the continent the needed resources to facilitate growth and development. Speaking during the closing session of the maiden African Prosperity Dialogues dubbed, ‘the Kwahu Summit’, the president said African states can …

2 months ago·Accra, Ghana

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