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The Financial Action Task Force (FATF) continues to closely evaluate the development of anti-financial crime systems throughout sub-Saharan Africa, issuing detailed assessments that measure the effectiveness of institutional safeguards across numerous jurisdictions. Within Central Africa, governments are undertaking far-reaching reforms to strengthen financial intelligence capabilities and reduce vulnerabilities associated with resource-based industries, cross-border financia

Africa’s gambling industry is on a strong upward trajectory, with projections estimating its value will reach $11.3 billion by 2032—nearly doubling the $6.1 billion recorded in 2023. This rapid expansion is being fuelled by a combination of urbanisation, aggressive marketing by operators, increasing internet penetration, and the continent’s notably young population. A wide range of both international and domestic brands are already active across the region, including Betw

Africa faces a mounting crisis of illicit financial flows, with many countries on the continent acting as sources, transit hubs, or destinations for these illegal movements of capital. According to the Global Initiative against Transnational Organised Crime (GI-TOC), such flows undermine economic stability, fuel corruption, and sustain organised crime, generating harms that extend far beyond national borders. The report notes that these illicit flows often penetrate internati