A growing number of recent studies have indicated that the amount of financial resources flowing out of Africa illicitly is huge, and continues to grow.
The issue of illicit financial flows (IFFs) is at the forefront of the development agenda now, with several multilateral organizations involved, including the AfDB, UNECA, UNDP, the World Bank, IMF, OECD, etc.
Estimates by the African Development Bank (AfDB) and Global Financial Integrity (GFI) in 2013 indicate that IFFs were the main driving force behind the net drain of resources from Africa of US$1.2 - 1.3 trillion between 1980-2009, on an inflation-adjusted basis.
IFFs grew at a much faster pace over the 30-year period 1980-2009 than net recorded transfers.
TrustAfrica is inviting Concept Notes from interested researchers to carry out in-depth studies at country or sector-level to shed more light on what Africa should do to stop the bleeding of the continent.
Small grants will be awarded to junior researchers with a Masters degree or who have just completed their PhDs from various disciplines.
The proposed research should focus on the following themes (other interesting themes will be considered):
The Concept Note should clearly and precisely identify the following:
The concept note should be accompanied by a CV indicating the applicant’s qualification and research experience.
TrustAfrica intends to award up to 10 research grants, with a maximum amount of US$6,000 for each.
The deadline for submission of Concept Notes is August 15.
TrustAfrica will contact only those whose applications meet the requirements.
For more information and small grants application; see Africa Small Grants
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