Nigeria, South Africa, Mozambique, and Burkina Faso have been removed from the Financial Action Task Force’s (FATF’s) global ‘grey list’, marking a crucial milestone in Africa’s financial integrity efforts. Once seen as high-risk for money laundering and terrorist financing, these nations have implemented sweeping reforms which have restored investor confidence and strengthened global partnerships. Nigeria’s tighter oversight of mobile money and anti-money-laundering laws, and South Africa’s expanded powers for financial regulators, have begun rebuilding trust in governance and transparency. Mozambique and Burkina Faso have improved their ability to track illicit cross-border transactions linked to armed groups. The delisting signals international recognition of progress - but it also serves as a reminder that vigilance and accountability must continue. For ordinary citizens, these reforms bring promise of greater economic stability, job creation, and stronger consumer protection: neighbouring countries could experience a confidence rebound, especially in attracting greater international investment.
Nigeria and South Africa removed from global ‘grey list’
Written by David Fletcher 31 Oct 2025 
			
			
			
			
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- Pray: for African leaders to be wise stewards, ensuring increased prosperity for all their people. Pray for financial transparency in every country. (Proverbs 10:9)
- More: www.africanews.com/2025/10/29/nigeria-south-africa-removed-from-global-money-laundering-watchlist/
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