African Panel Ranks Ethiopia Top 10 in Illicit Financial Flow

Addis Fortune African Union’s (AU) high level panel on illicit financial flows (IFF) from Africa ranked Ethiopia ninth from the top 10 African countries with high illicit financial flows from 1970 to 2008 next to Côte d’Ivoire and Sudan. The panel, which was chaired by Thabo Mbeki, former South African president and comprised nine other

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Out of Africa: The great money migration 

By Aljazeera  May 2, 2014 Bahar Dar, Ethiopia - The figures are staggering: At least $1.8 trillion illicitly flowed out of Africa between 1970 and 2009. This is far more than the external aid the continent received over the same period, and

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Out of Africa: The great money migration 

By Aljazeera  May 2, 2014 Bahar Dar, Ethiopia - The figures are staggering: At least $1.8 trillion illicitly flowed out of Africa between 1970 and 2009. This is far more than the external aid the continent received over the same period, and

The post Out of Africa: The great money migration  appeared first on 6KILO.com.

African Anti-graft Court sought to arrest culprits of illicit capital flight

April 12, 2014 Pan African News Agency (Pan African News Agency Via Acquire Media NewsEdge) Addis Ababa, Ethiopia (PANA) – African economists have wound up a two-day meeting in Addis Ababa on the steps required to stop the illicit flow

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