The Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) and the African Development Bank Group have launched a three-year regional support project aimed at strengthening anti-money laundering and countering the financing of terrorism (AML/CFT) frameworks in selected ESAAMLG member countries. The “Regional Capacity Development Project for ESAAMLG on AML/CFT (ES-CAD-AML)” will be implemented by the ESAAMLG Secretariat. The project is funded through an African Development Bank Group Transition Support Facility grant (Pillar III) of around 4 million Units of Account, approximately USD 5.2 million, and targets Burundi, Eritrea, Madagascar, Mozambique and South Sudan. The programme is positioned as capacity development for member states, with particular emphasis on countries in transition, and comes as ESAAMLG begins its third round of mutual evaluations.
Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) 2025-07-28
Eastern and Southern Africa Anti-Money Laundering Group and African Development Bank Group launch USD 5.2 million three-year AML/CFT capacity project for five member states
The Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) and the African Development Bank Group have launched a three-year project to enhance anti-money laundering and counter-terrorism financing frameworks in selected member countries, funded by a USD 5.2 million grant. The project targets Burundi, Eritrea, Madagascar, Mozambique, and South Sudan, focusing on capacity development as ESAAMLG starts its third round of mutual evaluations.