State of the Illicit Economy - Focus on Africa
The Illicit Economy, in all its manifestations, poses a significant challenge not only for Africa but for the entire world.
There is a growing consensus that illicit activities have reached unsustainable levels, requiring urgent action. While obtaining precise measurements may be challenging, we must rely on and prioritize our work based on the best estimates provided by governments, law enforcement, businesses, and international organizations.
In Africa, the scope of the illicit economy is equally significant, with estimates suggesting that it accounts for between 10% and 15% of the continent's GDP.