A core group of six pan-African organisations, namely Tax Justice Network Africa (TJNA), Africa Forum on Debt and Development (AFRODAD), African Women’s Development and Communication Network (FEMNET), Third World Network (TWN Africa), International Trade Union Confederation (ITUC-Africa), and Trust Africa conceptualized the STBC. The Pan African Lawyers Union (PALU) later joined to bolster STBC’s legal lens. The impetus for the launch of STBC emanated from the 2015 AU/UNECA report of the High-Level Panel (HLP) on IFFs from Africa. The HLP report revealed that Africa was losing more than US$50 billion annually through IFFs, with Africa’s natural resource sector singled out for its high vulnerabilities to IFF