Tanzania, June 21 -- Windhoek. Namibia has been removed from the Financial Action Task Force (FATF) grey list, marking a significant milestone in the country's efforts to strengthen its fight against money laundering and terrorism financing.

The decision was announced following the FATF plenary meeting held on June 19, 2026, during which the global financial crime watchdog removed Namibia and Algeria from its list of jurisdictions under increased monitoring, while adding Iraq and Bosnia and Herzegovina.

Namibia was placed on the grey list in February 2024 after FATF identified shortcomings in the country's anti-money laundering and counter-terrorism financing framework.

The listing subjected the country to heightened international scru...