TrustAfrica is pleased to announce that its Board of Directors has approved a grant of US$20,000.00 to the Southern Africa Research and Documentation Center (SARDC) in order to provide support for Phase V of the Illicit Financial Flows Observatory for Africa project.
Each year Africa loses more than $60 billion through illicit financial flows (IFFs), a number that increases by 20% annually. Curbing Illicit Financial Flows is one of our concerns at TrustAfrica. That is why we launched a popular campaign with a coalition of five other pan-African civil society organizations, in July 2015, to end illicit financial flows from Africa called #stopthebleeding.