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EU Removes Several African Countries from High-Risk Money Laundering List Several African nations, including Nigeria, South Africa, Burkina Faso, Mali, Mozambique, and Tanzania, have recently been removed from the European Union's list of high-risk jurisdictions for money laundering and financing terrorism. This significant decision follows comprehensive reforms made in their anti-money laundering and counter-terrorism financing frameworks. The delisting by the EU is expected to have a positive ripple effect, facilitating…