The amount Africa loses to trade misinvoicing is astounding. The good news is the issue of trade misinvoicing has found its way to the forefront of development talks. It’s not just “poor governance”Whereas the impact of trade misinvoicing is becoming­­ well known, exactly how it is done is not entirely understood. If public policy decisions are going to be implemented to address trade misinvoicing, a firm understanding of its mechanics is absolutely necessary. To start, the biggest myth associated with trade misinvoicing is that it is entirely explained by corruption and poor governance.