Delisting of Four African Nations From Global Financial Watchlist to Boost Investor Appeal: Expert
21:05 27.10.2025 (Updated: 21:24 27.10.2025)
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Delisting of Four African Nations From Global Financial Watchlist to Boost Investor Appeal: Expert
"This event was a success for the four countries, which have made significant progress in controlling their banking systems and tracking suspicious money transfers," Tunisian economic analyst Bassem Al-Neifer told Sputnik.
South Africa, Nigeria, Mozambique, and Burkina Faso have recently been removed from a key international list of countries with high levels of illegal financial flows, a move analysts say will significantly boost their economies.
"This decision will strengthen their economies and increase their attractiveness to investors," Al-Neifer stated, noting that major international companies avoid countries under strict financial monitoring.
He highlighted a particular benefit for Nigeria, where approximately $20 billion in annual remittances from citizens abroad will now face fewer restrictions.
The analyst emphasized that maintaining this new status will require continuous improvement of banking systems and ongoing cooperation with international financial monitoring partners.
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