Q FM Africa's Modern Radio
ActionAid Zambia Country Director Nalucha Ziba
ActionAid Zambia has hailed the commitment made by the Africa Development Bank (AfDB) during the just ended 51st Annual Meetings held in Lusaka to combat illicit financial flows.
Members of the Partnership on Illicit Finance (PIF) met alongside the African Development Bank at the Annual Meetings in Lusaka, Zambia, to publish national action plans to combat illicit finance, review member countries’ priorities for addressing illicit finance stemming from corruption and other criminal activities, and share experiences with countries interested in joining the Partnership.
Corruption and illicit finance in Africa continue to undermine democracy, constrain investment, reduce stability, thwart economic development, and disenfranchise African populations who should benefit from Africa’s tremendous growth potential.
But ActionAid Zambia Country Director Nalucha Ziba tells QFM News via telephone that the commitment made by the bank to partner with African countries including Zambia is a step in the right direction as most African countries have been grappling with this challenge.
Ms Ziba says her organization also welcomes the financial support pledged by the bank to support African governments including Zambia saying this will go a long way in addressing illicit financial flows.
She says the onus is on the government to respond positively to this noble cause if the country is to deal with illicit financial flows.