The Financial Action Task Force (FATF) singled out twelve African countries for strategic deficiencies in the fight against illicit financial flows.

The FATF has indicated that money laundering and terrorist activities continue to plague Africa, despite ongoing reforms. Burkina Faso, Cameroon, Democratic Republic of Congo, Kenya, Kenya, Kenya, Kenya, Kenya, Kenya, Kenya, Kenya, Mali, Mali, Mozambique, Mozambique, Namibia, Nigeria, Senegal, South Africa, South Sudan and Tanzania are the countries mentioned by the Gafi. These countries were already on the “Grey List” published in February. The FATF expects the twelve countries to strengthen the supervision of financial institutions and businesses based on a thorough assessment of the specific risks to which they are exposed. The Institution recommended “more rigorous and targeted supervision, as well as dissuasive sanctions in case of non-compliance, will make it possible to better detect and prevent illicit activities