www.gfip.org -- "The amount of money that has been drained out of Africa-hundreds of billions decade after decade-is far in excess of the official development assistance going into African countries," said GFI director Raymond Baker. "Staunching this devastating outflow of much-needed capital is essential to achieving economic development and poverty alleviation goals in these countries." Examining data for a 39-year range from 1970 to 2008, key report findings include: Total illicit financial outflows from Africa, conservatively estimated, were approximately $854 billion; Total illicit outflows from Africa may be as high as $1.8 trillion; Sub-Saharan African countries experienced the bulk of illicit financial outflows with the West and Central African region posting the largest outflow numbers;
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