Africa has been selected to pilot a United Nations-funded project to reduce illicit financial flows. The pilot by the United Nation Conference on Trade and Development (UNCTAD) and the United Nations Office on Drugs and Crime (UNODC) support the project, which is aimed at helping the region achieve the Sustainable Development Goals (SDGs) in the next decade.
UNCTAD and UNODC said the framework, adopted this week, was arrived at through collaborations with international organisations and national tax, Customs and statistics experts.
