Capital Flight Reversal and Development Financing

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Capital Flight Reversal and Development Financing

African countries have experienced large-scale capital flight, even as they face large and growing financing gaps. This is a major obstacle to their efforts to achieve sustained high growth and poverty reduction. In this context, the objective of this workshop is to highlight expected gains from capital flight reversal in terms of development financing. Following a discussion of the nature and magnitude of capital flight from African countries, the workshop will explores strategies to curb capital flight, enhance its reversal and repatriation, and maximize the gains in terms of economic development.  It will underscore the importance of capital flight reversal as part of the national and continental agenda to reach sustainable development financing.

 

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