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AFRICAN FORUM AND NETWORK ON DEBT AND DEVELOPMENT (AFRODAD) Shares with you

15 March 2019/Issue 9

AFRODAD is contributing to the fight against Illicit Financial Flows Feedback can be forwarded to: communications @afrodad.co.zw

All set for the Illicit Financial Flows Regional Dialogue in Botswana Participants from the previous year’s Regional Dialogue on curbing Illicit Financial Flows from Africa that took place in Rwanda from 2122nd March 2018

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ore than 60 participants drawn from multiple stakeholders and policy actors within Africa will converge in Gaborone, Botswana for an annual regional dialogue jointly hosted by AFRODAD and Botswana Council of Churches (BCC). The overall aim is to deliberate on Curbing Illicit Financial Flows (IFFs) from Africa, take an analytical look on pertinent challenges and opportunities to explore in order to advance against IFFs. This third dialogue will be held on March 20 to 21 under the theme “Fighting Illicit Financial Flows from Africa: Progress, Challenges and Opportunities”.

domestically instead of relying on various types of loans, some very expensive, to finance development. Second, how can national resources be mobilised while IFFs are like an outlet that makes them loose more than 50 Billion USD every single year?

Emmanuella Matare, AFRODAD Senior Policy Analyst for the Domestic Resources Mobilisation portfolio, in a statement elaborated that with the intention of contributing to the reduction of IFFs from Africa and increasing domestic resources for the SDGs, AFRODAD recognises the need to advocate for and mobilise support for the formulation and implementation of Governments are faced with a double-edged policies at national, regional and global levels to challenge: first, the possibility of another debt crisis if increase transparency of financial flows, support tax they do not sufficiently mobilise resources justice and domestic resource mobilisation.

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Meet IFFs Regional Dialogue Speakers

“This year's dialogue will provide a platform for learning, enhancing divergent thinking amongst participants so that AFRODAD and its partners are able to develop a new and improved strategic approach in stopping financial flows from Africa. Again our hope is to mobilise participants to rally behind the “Stop the Bleeding” Campaign, as a strategy to put pressure on African governments to combat IFFs from Africa,” said Emmanuella Matare. The dialogue will engage multiple stakeholders and policy actors including parliamentarians, Civil Society Organisations from a variety of fields (climate and gender groups, journalists, trade union associations, private sector and religious groups) In keeping with the aims of the dialogue, AFRODAD anticipates specific set of outcomes that includes among others: a creation of a strong regional and global Civil Society/Parliamentarian/Media Networks that can influence government decisions in fighting illicit financial flows in participants’ respective regions; to deepen understanding of the successes and efforts being made towards mobilising resources for development and curbing IFFs at national, regional and international levels; capacitating participants understanding of IFFs issues and the digital economy, IFFs and the growing debt problem in the region; challenges and opportunities in halting IFFs and to discuss and offer recommendations on new and/ improved strategic approaches to halt illicit financial flows from Africa.

Dr. Fanwell Bokosi

Lyla Abdul Lattif

Michael Masiya

Frank Kalizinje

Farai Mutondoro

Sydney Mwansa

Join the conversation on Twitter: Hashtag: #StopTheBleeding/AFRODAD

Honorable Pamphile Malayika

Tirivangani Mutazu

Mulesu Lumina

Mukasiri Sibanda

CONTACT US: FOLLOW US ON SOCIAL MEDIA @Afrodad2011

@Afrodad Website: www.afrodad.org

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AFRODAD NEWSHIGHLIGHTS 15 MARCH 2019 ISSUE 9  

9TH EDITION OF THE NEWS-HIGHLIGHTS FROM AFRODAD. All set for the action-oriented dialogue on fighting illicit financial flows from Africa! t...

AFRODAD NEWSHIGHLIGHTS 15 MARCH 2019 ISSUE 9  

9TH EDITION OF THE NEWS-HIGHLIGHTS FROM AFRODAD. All set for the action-oriented dialogue on fighting illicit financial flows from Africa! t...

Profile for afrodad
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