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Four African Countries Removed from Money-Laundering Grey List

24 October 2025
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Four African Countries Removed from Money-Laundering Grey List
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South Africa, Nigeria, Mozambique, Burkina Faso removed from Financial Action Task Force’s financial crimes list.

The Financial Action Task Force (FATF) has removed South Africa, Nigeria, Mozambique, and Burkina Faso from its “grey list” after successful on-site visits showcased their progress in addressing financial crime shortcomings. Leaders from these countries welcomed the decision as a significant step towards economic reform and institutional integrity, with Nigeria’s President highlighting it as a milestone in global credibility efforts.

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Tags: AfricaAfricanBurkina FasoBusiness and EconomycorruptioncountriescrimeEconomyGreyListMoney launderingmoneylaunderingMozambiqueNewsNigeriaPoverty and Developmentremovedsouth africa
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