Fridays of the Commission on Illicit Financial Flows, Addis Ababa, May 24 2019

The AUC Department of Economic Affairs in collaboration with Friedrich-Ebert-Stiftung (FES) will be organizing its traditional Conference debate platform Fridays of the Commission on Friday May 24 2019 from 9:00am to 5:00pm on the theme : “How to prevent Illicit Financial Flows and recover stolen Assets to better serve the African continent”

Aim and Objectives

The aim of this dialogue is to deliberate on the required action between Africa and its strategic partners and how the cooperation can be strengthened to further prevent IFFs. This also includes a debate on how stolen financial assets can be repatriated to Africa.

The discussions will focus on the following objectives:

- To Identify best practices and challenges of African countries in the prevention and recovering efforts of IFFs,

- To highlight and propose crucial IFFs preventive measures for the continent related with anti-money laundering and anti-corruption and promotion of transparent tax system,

- To facilitate dialogue on how the African continent can recover stolen assets found in offshore jurisdictions and to identify ways to revitalize existing asset recovery frameworks,

- To Share best experiences of African countries such as Nigeria and Kenya.

- To strengthen partnership between AU and its partners in the fight against IFFS.

Date and Venue

This Friday of the Commission is scheduled to take place on 24 May 2019 at the AU Headquarters in Addis Ababa, Ethiopia.