How Information Technologies are changing Forensic Finance in Africa

Abstract

Money Laundering and Terrorist Financing remain a serious challenge for governments on the African continent. Rapid technological change has in some instances accentuated the threats emanating from these categories of financial crime and financial authorities, just like elsewhere in the world, will have to invest considerable resources in Anti-Money Laundering and Counter Terrorist Finance measures. Besides technologies that may find direct applications in financial sector, financial institutions and their regulators could also benefit from broader governance innovation.