International Financial System

Webinar: Teaching and Researching International Economic Law in Africa, Strategies for Overcoming Publishing Challenges

July 2, 2021

International economic law is an emerging area of teaching, research, and practice in Africa. The area, which is a sub-field of international law, is concerned with the regulation of economic relations between states as well as the conduct of private parties involved in cross-border economic and business transactions.

Beneficial Ownership: To tell or Not to Tell?

Illicit Financial Flows (IFFs) are one of several impediments to achieving sustainable development in developing countries across the world. While there is no globally accepted definition of IFFs, there is global acceptance that IFFs undermine the efforts of developing countries to generate domestic revenues to finance their national development agendas. According to the United Nations (UN), developing countries face an estimated annual funding gap of $2.5 trillion to deliver on Agenda 2030. In Africa, the continent loses approximately $100 billion annually through IFFs that are generated in and moved from the continent to tax havens.