Africa losses about N$750 billion annually through illicit financial flows

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The Erongo Governor says that the African continent is estimated to be losing about N$750 billion annually—money that could have been used for development through illicit financial flows and other forms of organised crime.

Neville Andre said this during the annual workshop of the heads of anti-corruption agencies in the SADC region.
Andre says that corruption is a global problem that is not unique to a single continent or region.