AFDB AND AFRICAN CENTRAL BANK GOVERNORS WILL COMBINE TO FIGHT ILLEGAL FINANCIAL OUTFLOWS
July 1st, 2016THE AFRICAN Development Bank (AfDB) has struck a partnership agreement with African central bank governors, promising to boost cooperation on curbing illegal financial outflows, improving tax collection and exchanging domestic financial market information. In a communiqué following a meeting in India, the AfDB said it would help African central banks deepen domestic financial markets through using new financial technologies, promoting the issue of long-term sovereign bonds. *https://www.afdb.org/en/annual-meetings-2017/
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