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Tether, UNODC Launch Africa Initiative to Counter Digital-Asset Crime

The alliance channels private-sector expertise into UN programs following operations that tallied roughly $260 million in illicit flows.

Overview

  • Announced on January 9, the partnership supports UNODC’s Strategic Vision for Africa 2030 with country‑tailored measures in Senegal, Nigeria, the DRC, Malawi, Ethiopia and Uganda.
  • A Senegal pilot introduces multi‑phase youth cybersecurity training with virtual bootcamps, coaching, mentorship and micro‑grants, including sessions led by the Plan B Foundation.
  • Tether is providing technical resources and funding to bolster financial transparency, strengthen legal frameworks and enhance blockchain‑based investigative tools for law enforcement.
  • Victim services will be financed through the UN Voluntary Trust Fund for Victims of Trafficking, directing support to civil‑society groups across several participating countries.
  • The initiative also reaches Papua New Guinea and the Solomon Islands through university partnerships focused on fraud‑prevention awareness and student competitions.