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UN: Africa lost $800B in illegal transfers in recent years

| September 28, 2020 11:33 AM

GENEVA (AP) — The United Nations estimates that illegal outflows of capital from Africa totaled over $830 billion in the first 15 years of this century, much of it linked to movements of high-value commodities like gold, diamonds, and platinum — straining the ability of the continent's governments to provide services like healthcare, education, and infrastructure.

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