African nations, including Tanzania, lose billions annually to illicit financial flows (IFFs) through tax evasion, money laundering, and corruption, stifling economic growth. According to UNCTAD's Economic Development in Africa Report 2020, Africa loses $88.6 billion, or 3.7% of its GDP, each year, an amount that exceeds the foreign aid received by the continent. https://www.digest.tz/stopping-the-money-drain-tackling-illicit-financial-flows-in-tanzania/