Deeply concerned by the huge illicit financial flows (IFFs) from Africa, TrustAfrica, Dakar, Senegal held a two-day capacity-building workshop for journalists and media professionals in the West African sub-region working on issues related to IFFs.
At the end of the 2-day workshop, which was held from June 23-24, 2022, the participating journalists resolved and affirmed as follows:
TrustAfrica organise une table ronde qui se tiendra le 24 juin 2022 à 16h30 à La Place du Souvenir, à Dakar, Sénégal. Cette table ronde publique est la dernière partie de l’atelier de formation pour les journalistes sur les Flux Financiers illicites.
Les crises récentes ont montré combien est critique la question de la mobilisation des ressources internes pour faire face aux pandémies et autres grands défis du moment, et pour le développement de l’Afrique. La lutte contre les flux financiers illicites (FFI) est donc devenue, plus que jamais, une question d’une urgence absolue. La perte que subit notre continent du fait de ces FFI qui s'élèvent à 88,3 milliards de dollars par an et représente 3,7 % de son produit intérieur brut (PIB), une manne qui pourrait être canalisée pour faire avancer la transition vers une Afrique post-COVID et la transformation structurelle et le développement du continent.
Word Cloud from TrustAfrica Programs Meeting in September: What is Your 1 Word Prayer for TrustAfrica?
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In last year’s editions of our newsletter, we introduced you to our three pillars of work around democracy and governance, equitable development, and African philanthropy. This year, we are looking forward to introducing you to the core strategies we use in delivering our work namely, grantmaking, African knowledge and research generation, capacity strengthening, and movement building.
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TrustAfrica is coorganizing a Side event: on “Wellbeing economies: a new economic approach for human and planetary health” Ebrima will be speaking on 2 June 2022, 9:30-10:45am
Co-organisers: European Environmental Bureau (EEB), WWF International, the Club of Rome, Swedish Society for Nature Conservation (SSNC), Wellbeing Economy Alliance (WEAll), International Cooperatives Alliance, Global Call for Action Against Poverty, Trust Africa, IBON, the Future Generations Commissioner of Wales.
Venue : La Place du Souvenir, Dakar Sénégal
Date: 03 June 2022 @ 15:30GMT
TrustAfrica to Organize A High-level Roundtable on Global Crisis, Illicit Financial Flows (IFFs) from Africa and Food Security in Africa
May 25 marks the anniversary of the Organization of African Unity (OAU) which was founded in May in 1963. To commemorate this important date, which is a statutory public holiday in several countries such as The Gambia, Mali, Namibia, Zambia and Zimbabwe, TrustAfrica will be hosting a hybrid round table on “Global Crisis, Illicit Financial Flows (IFFs) from Africa and Food Security in Africa: The Response of Pan-Africanists”
The roundtable which will be held at La Place du Souvenir, Dakar Sénégal on Friday,
03 June 2022 @ 15:30GMT provides a unique opportunity to join the pan-Africanist community in celebrating this important event. It also provides a channel for TrustAfrica to reiterate its commitment to unity and sustainable development of the African continent.
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convened in October 2022. The symposium is part and parcel of the commemoration of the 20th Anniversary of the African Union (AU). The AU was officially founded and launched on 9 July 2002 in Durban, South Africa. The Union took over the mantle for the pursuit of continental unity and integration from the Organisation of African Unity (OAU) which had existed since 1963. Both the OAU and AU are key institutional architectures and historical landmarks for the advancement of Pan-Africanism and African Renaissance, especially from the perspective of state-driven continental integration. Like the OAU, the AU is an intergovernmental organization whose primary mandate is continental unity and integration.
Welcome to Kudzai Makomva who joined our Shaping the Future of Africa Fellowship in October 2021. Kudzai is an economist with over fifteen years of experience in strategy and organizational leadership in the development sector, where she has applied skills in economics and quantitative analysis to social impact initiatives in order to bring a rigorous focus on metrics and results. As a Shaping the Future Fellow, she is reflecting on the conceptualization and development of a Future of Africa Index and its role in anticipatory governance and Africa’s development. The Future Africa Index is a regional performance index that assesses progress towards harnessing the demographic dividend; its adoption and rollout across the continent has the potential to leverage competitive pressure on countries and policymakers. The Index combines a number of carefully selected indicators that assess talent competitiveness, development of competencies to develop the knowledge and digital economies, economic and industry complexity, as well as inclusive growth and environmental sustainability.
Kudzai served as Chief Operating Officer for an African impact investment fund aiming to accelerate attainment of human capital in southern Africa through investments in rural finance, education and health. Prior to this, Kudzai also served as the first Director of the Southern Africa Development Corporation (SADC) Malaria Elimination 8 Initiative, a pioneering model of regional collaboration to eliminate malaria in Africa, and with the Clinton Health Access Initiative in overseeing regional programs.
Kudzai is currently Managing Partner at Market Access Africa, a boutique strategy and advisory agency focused on health access and policy in Africa, and sits on the Board of Rebuild Africa. She holds a Masters Degree in Public Policy and Administration and a BA (Economics, Health Policy) from Harvard University, where she remains engaged in teaching adaptive leadership in Harvard’s executive education programmes.
At TrustAfrica, we are aware of the fact that discrimination based on work and descent (DWD) is estimated to affect over 260 million people worldwide, in Africa, Asia, Europe, South America, and North America. In West African countries such as Mali, Mauritania, and Niger, this type of discrimination affects communities of ethnic minorities who are considered to be descendants of slaves. To address this issue TrustAfrica, in line with its strategic plan, in collaboration with other development organizations, met in Dakar in 2019 to address the issue of DWD and slavery and to create The African Network of Communities Discriminated Based on Work and Descent and against Slavery (ANDS). Since its creation, the Network has made significant progress in addressing discrimination in several African countries. The Network has also joined the Global Forum of Communities Discriminated on Work and Descent (GFDWD) to address the issue globally. “TrustAfrica hosts the Secretariat of the Network at its Headquarters in Dakar”. Organizations that are members of the Network thought it would be good to meet in Dakar to discuss about their strategies.
Africa is in a new debt crisis with the majority of low to medium income countries now officially in the unsustainable debt red zone. For example, Kenya has been in the news recently with reports that 60% of all public revenues generated are going to servicing debts. This has destabilized the macroeconomic environment resulting in depreciation of the Kenyan shilling and skyrocketing inflation to devastating socio-economic effects on the population. The debt burden is threatening a reversal of progressive policies such as free public education that Kenya implemented following the Jubilee Debt cancellation.