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Centre for Trade Policy and Development
TPSP Episode 21 I Everlyn Muendo on how Africa loses $89 BILLION to IFFs & shady trade practices
The episode unpacks how Africa loses an estimated USD 89 billion every year through illicit financial flows (IFFs) and abusive, opaque trade practices. 🎧 In this compelling and eye-opening conversation, she explains how profit shifting, trade misinvoicing, and weak regulatory frameworks allow multinational corporations and criminal networks to drain resources from African economies. Everlyn also highlights the real-world consequences for public services, development financing, and inequality, while outlining the urgent policy, governance, and regional cooperation reforms needed to stop the bleeding and ensure Africa retains and uses its wealth for sustainable development.
Detalhes do Podcast
Categoria:
Tax and the International Financial Architecture
Tipo de Recurso:
Podcasts
Visualizações:
1
