Four African countries taken off global money-laundering ‘grey list’
PositiveWorld Affairs
In a significant move, the Financial Action Task Force has removed South Africa, Nigeria, Mozambique, and Burkina Faso from its grey list of countries under scrutiny for money laundering. This decision is crucial as it reflects the progress these nations have made in combating financial crimes, which can enhance their international reputation and attract foreign investment. The removal from the list is expected to boost economic growth and stability in these countries, making it a positive development for their futures.
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