Intergovernmental Anti-Money Laundering Group in Africa (GIABA)

Members:

Benin
Burkina Faso
Cape Verde
Côte d'Ivoire
Gambia
Ghana
Guinea Bissau
Guinea Conakry
Liberia
Mali
Niger
Nigeria
Senegal
Sierra Leone
Togo

Observers:

Observer Organisations:

BACKGROUND ON GIABA

GIABA was established on 10 December 1999 by a decision of the Authority of Heads of State and government of the ECOWAS. GIABA's mandate was revised in January 2006 to fully incorporate and properly reflect the imperative to fight the financing of terrorism.

GIABA members acknowledge that money laundering and financing of terrorism are issues of critical importance to the world community which require global action. Further, that the economies and financial systems of the countries need to be protected from laundered money and proceeds from terrorist activities. GIABA members recognize that West Africa needs to address these issues and find global solutions to them.

The objectives of GIABA are to:

1. Protect the national economies and the financial and banking systems of signatory States against the proceeds of crime and combat the financing of terrorism;
2. Improve measures and intensify efforts to combat the proceeds from crime;
3. Strengthen cooperation amongst its members