INTERPOL and AfDB unite to combat financial crime and corruption in Africa
The International Criminal Police Organization (INTERPOL) and the African Development Bank Group (AfDB) have signed a letter of intent to enhance cooperation in combating corruption, financial crime, cyber-enabled fraud and money laundering. This agreement was signed by AfDB President Dr. Akinwumi Adesina and INTERPOL Secretary General Valdecy Urquiza. The agreement addresses the continent's significant challenges with illicit financial flows, estimated at $90bn annually.