African Tink-Tanks Head To Senegal To Discuss Stricter Regulations On Illicit Financial Flows, Asset Recovery In Extractive Industry

African think-tanks are meeting in Senegal in the first ever Global Conference of the Extractive Industries Transparency Initiative (EITI), an event that will be dominated by discussion on stricter rules and penalties for people who launder proceeds from the oil and gas sector and other extractive Ventures in the continent.

The event which will host top level participants like the African Union (AU) High-Level Panel on Illicit Financial Flows (AU HLP on IFF) and the Working Group on the Common African Position on Asset Recovery (CAPAR) which is composed of the African Union, the Coalition for Dialogue on Africa (CoDA), Forum Civil, the Pan-African Lawyers Union (PALU) and TrustAfrica will take place in Senegal.