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Report: $60 Billion Leaves Africa Illegally Each Year

More than $60 billion leaves the African continent every year through illicit financial flows, and the amount keeps on growing. A report with recommendations for African countries was presented Sunday. A new report says African countries need to take concrete measures to stop billions of dollars from illegally being moved out of the continent each year. The report by a joint United Nations and African Union panel focuses on the illicit financial flows used to move the money out...

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