Date
Tax Justice Network Africa (TJNA) will host members of the High-Level Panel on illicit financial flows in Africa for an exclusive Fireside Chat on Monday, February 24, 2025. This significant discussion will commemorate 10 years since the release of the High-Level Panel report. The session, moderated by TJNA Executive Director Ms. Chenai Mukumba, will reflect on past achievements, assess the lasting impact of the panel's recommendations, explore Africa’s ongoing battle against illicit financial flows (IFFs), and discuss how to shape a fairer global financial system for the future.
Ten years ago, the African Union’s High-Level Panel (HLP) on illicit financial flows, chaired by former South African President Thabo Mbeki, laid the foundation for a continental movement against the haemorrhaging of Africa’s wealth through illicit financial flows (IFFs). A decade later, as the world grapples with deepening inequalities and economic shocks, it is time to reflect on the progress made, the lessons learned, and the road ahead.
The HLP report not only exposed the role of multinational corporations in perpetuating illicit financial outflows but also underscored the need for concerted efforts to curb these flows and their damaging effects on the continent, including recommending that the UN play a more central role in tackling this issue of IFFs.
Yet, challenges persist. As digital economies grow, new forms of illicit flows emerge, multinational corporations continue profit-shifting tactics, and the call for a UN Tax Convention grows louder. This conversation with the HLP members offers a timely moment to assess whether Africa is winning the fight against IFFs or if the battlefield has simply shifted.
Details of the Fireside chat are below:
📅 Date: Monday 24, February 2025
Time: 5:00 EAT
📍Venue: Virtual
Register here 👉 Zoom Registration Link
Speakers: Amb. Olusegun Apata, Mr.Raymond Baker ,Adv. Mojanku Gumbi, Barrister Akere Muna and Hon. Irene Ovonji-Odida
Moderator: TJNA Executive Director, Chenai Mukumba
TJNA continues to champion systemic reforms for a just and equitable tax system, this conversation will serve as a strategic moment to reinvigorate advocacy efforts, galvanize stakeholders, and reinforce the urgency of sustained action against illicit flows.
For more information about the interview, please contact Everlyn Muendo at emuendo[@]taxjusticeafrica.net.