Amid rising concerns over money laundering, terrorism financing, and illicit financial flows, West African nations are strengthening their collective fight against economic crime. The renewed commitment was on full display in Monrovia, where the Economic Community of West African States (ECOWAS) reaffirmed its support for the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA).

During GIABA’s 44th Plenary Session, member states, international partners, and technical experts met to assess regional vulnerabilities and align strategies to disrupt financial crimes that undermine economic stability. Delegates emphasized the urgency of coordinated action as criminal networks grow more sophisticated.

The session also featured high-level closed-door forums, technical exchanges, and discussions among Financial Intelligence Units, all aimed at boosting cross-border information-sharing and enforcing stronger compliance measures. Officials noted that improved cooperation is essential for dismantling illicit financial systems.

With Liberia playing host, the gathering ended with a clear message: West Africa must intensify its collective resilience, strengthen institutional capacity, and deepen regional solidarity to effectively confront and curb economic crime.