Displaying results 1 - 10 of 16
Tackling the data gap in the fight against illicit financial flows
6 Apr 2021
UNCTAD is working with national statistical offices to better measure the scale of illegal movements of money across borders to inform firmer policy action.
UN agencies finalize a framework to measure illicit financial flows
21 Dec 2020
Pilot projects are using the new framework to calculate the costs of illicit trade and business practices in Afghanistan, Colombia, Ecuador, Mexico, Nigeria, Panama and Peru.
Export under invoicing in Africa concentrated in high-value, low-weight commodities, study shows
12 Nov 2020
Gold accounts for 77% of the $40 billion worth of under invoiced extractive commodity exports from Africa, according to UNCTAD research. Diamonds represent 12% and platinum 6%.
Curbing illicit financial flows to finance sustainable development in Africa
21 Oct 2020
By Paul Akiwumi, Director of Division for Africa and Least Developed Countries, UNCTAD
How Africa can curb illicit financial flows to strengthen economies post COVID-19
9 Oct 2020
By Paul Akiwumi, Director for Africa and Least Developed Countries, UNCTAD
Mineral tracking tool helps Zambia combat illicit financial flows
1 Oct 2020
An UNCTAD data evaluation tool helps the southern African nation recover an additional $1 million in export dues from mining companies in one year.
How to beat the lack of data on illicit outflows draining Africa of capital and tax
29 Sep 2020
Written by Paul Akiwumi, Director for Africa and Least Developed Countries, UNCTAD
Africa could gain $89 billion annually by curbing illicit financial flows
28 Sep 2020
UNCTAD’s Economic Development in Africa Report 2020 says stopping illicit capital flight could almost cut in half the annual financing gap of $200 billion that the continent faces to achieve the Sustainable Development Goals.
UNCTAD and partners make progress on measuring illicit financial flows
31 Oct 2019
Quantifying the total value of illicit flows that are draining resources for development is a key step in tackling them.