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The PAFA newsletter is published every two months. It contains the latest news from the accountancy profession around Africa and beyond. Members and other stakeholders are welcome to submit articles/stories for our editorial review and publication. Click on the links below to read our past newsletters.
PAFA and African Development Bank Launch Major Capacity Building Project to Strengthen Public Financial Management and Professional Accountancy Organisations Across AfricaPAFA and African Development Bank Launch Major Capacity Building Project to Strengthen Public Financial Management and Professional Accountancy Organisations Across Africa
26 November 2025 – Johannesburg, South Africa
The Pan African Federation of Accountants (PAFA) and the African Development Bank officially launched the Strengthening PAFA and Public Financial Management Resilience in Africa (SPRA) Programme—an ambitious multi-year initiative aimed at enhancing the continent’s public financial management systems and strengthening PAFA and Professional Accountancy Organisations (PAOs) in 23 eligible African countries.
Funded by the African Development Bank Group’s Transition Support Facility (TSF) with a UA 4.0 million (approximately USD 5.4 million) grant over three years, the overall goal of the programme is to enhance professional capacity in public financial management and standardise professional accounting standards, tools, and practices across Africa. The specific objectives of the programme are: (1) to strengthen institutional, professional, and human capacities of PAOs for better quality financial reports in transition states, and (2) to professionalise accountants and auditors in the public sector. This represents a significant step in consolidating PAFA’s PAO Development Programme and strengthening its continental impact.
Read more on PAFA and African Development Bank Launch Major Capacity Building Project to Strengthen Public Financial Management and Professional Accountancy Organisations Across Africa
PAFA and African Development Bank Launch Major Capacity Building Project to Strengthen Public Financial Management and Professional Accountancy Organisations Across Africa
26 November 2025 – Johannesburg, South Africa
The Pan African Federation of Accountants (PAFA) and the African Development Bank officially launched the Strengthening PAFA and Public Financial Management Resilience in Africa (SPRA) Programme—an ambitious multi-year initiative aimed at enhancing the continent’s public financial management systems and strengthening PAFA and Professional Accountancy Organisations (PAOs) in 23 eligible African countries.
Funded by the African Development Bank Group’s Transition Support Facility (TSF) with a UA 4.0 million (approximately USD 5.4 million) grant over three years, the overall goal of the programme is to enhance professional capacity in public financial management and standardise professional accounting standards, tools, and practices across Africa. The specific objectives of the programme are: (1) to strengthen institutional, professional, and human capacities of PAOs for better quality financial reports in transition states, and (2) to professionalise accountants and auditors in the public sector. This represents a significant step in consolidating PAFA’s PAO Development Programme and strengthening its continental impact.
PAFA Convenes Forum to Advance Sustainability and Integrated Reporting in AfricaPAFA Convenes Forum to Advance Sustainability and Integrated Reporting in Africa
Johannesburg, South Africa 18 November 2025
The Pan African Federation of Accountants (PAFA) has convened the inaugural meeting of the Forum for Advancing Sustainability and Integrated Reporting in Africa (the Forum), a landmark initiative designed to strengthen Africa’s leadership in sustainability disclosure and integrated reporting.
Read more on PAFA Convenes Forum to Advance Sustainability and Integrated Reporting in Africa
PAFA Convenes Forum to Advance Sustainability and Integrated Reporting in Africa
Johannesburg, South Africa 18 November 2025
The Pan African Federation of Accountants (PAFA) has convened the inaugural meeting of the Forum for Advancing Sustainability and Integrated Reporting in Africa (the Forum), a landmark initiative designed to strengthen Africa’s leadership in sustainability disclosure and integrated reporting.
Professional Accountancy Organisations in Africa to Pioneer Sustainability Reporting Capacity Through PAFA-Led PilotJohannesburg, South Africa, 10 November 2025
The Pan African Federation of Accountants (PAFA) is launching a pilot initiative that will enable professional accountancy organisations (PAOs) in Africa to take the lead in building the continent’s capacity for sustainability reporting.
Through this pilot, participating PAOs will be the first to access a dedicated online platform powered by The ESG Exchange — a cutting-edge sustainability learning environment designed to strengthen professional competence in sustainability and integrated reporting.
Read more on Professional Accountancy Organisations in Africa to Pioneer Sustainability Reporting Capacity Through PAFA-Led Pilot
Johannesburg, South Africa, 10 November 2025
The Pan African Federation of Accountants (PAFA) is launching a pilot initiative that will enable professional accountancy organisations (PAOs) in Africa to take the lead in building the continent’s capacity for sustainability reporting.
Through this pilot, participating PAOs will be the first to access a dedicated online platform powered by The ESG Exchange — a cutting-edge sustainability learning environment designed to strengthen professional competence in sustainability and integrated reporting.
Service to Update the Professional Qualification of the National Board of Accountants and Auditors in Tanzania - ReissuedPAFA is inviting service providers to render the service as set forth in the attached Request for Proposal (RFP) and Terms of Reference (ToR). Service providers should be an appropriate type of organisation; a professional accountancy organisation is preferred.
Service providers should carefully review the RFP and ToR before deciding whether to submit a proposal. A proposal should be submitted only if the service provider can perform the service if selected.
Read more on Service to Update the Professional Qualification of the National Board of Accountants and Auditors in Tanzania - Reissued
PAFA is inviting service providers to render the service as set forth in the attached Request for Proposal (RFP) and Terms of Reference (ToR). Service providers should be an appropriate type of organisation; a professional accountancy organisation is preferred.
Service providers should carefully review the RFP and ToR before deciding whether to submit a proposal. A proposal should be submitted only if the service provider can perform the service if selected.
Service to coordinate the implementation of the ONECCA-Togo Development ProjectService to coordinate the implementation of the ONECCA-Togo Development Project
PAFA is inviting Proposals from Consultants based in Lome, Togo, interested in the position of in-country project coordinator as set forth in the attached Terms of Reference (ToR).
Service providers should carefully review the RFP and ToR before deciding whether to submit a proposal. A proposal should be submitted only if the service provider can perform the service if selected.
Read more on Service to coordinate the implementation of the ONECCA-Togo Development Project
Service to coordinate the implementation of the ONECCA-Togo Development Project
PAFA is inviting Proposals from Consultants based in Lome, Togo, interested in the position of in-country project coordinator as set forth in the attached Terms of Reference (ToR).
Service providers should carefully review the RFP and ToR before deciding whether to submit a proposal. A proposal should be submitted only if the service provider can perform the service if selected.
Service to develop a roadmap to implement the Accelerated Learning Programme (ALP) of the API under the auspices of ONECCA-TogoService to develop a roadmap to implement the Accelerated Learning Programme (ALP) of the API under the auspices of ONECCA-Togo
PAFA is inviting Proposals from Consultants familiar with the accountancy profession and public sector in French-speaking countries in Africa to render the service as set forth in the attached Terms of Reference (ToR). Fluency in French and English is a requirement.
Service providers should carefully review the RFP and ToR before deciding whether to submit a proposal. A proposal should be submitted only if the service provider can perform the service if selected.
Read more on Service to develop a roadmap to implement the Accelerated Learning Programme (ALP) of the API under the auspices of ONECCA-Togo
Service to develop a roadmap to implement the Accelerated Learning Programme (ALP) of the API under the auspices of ONECCA-Togo
PAFA is inviting Proposals from Consultants familiar with the accountancy profession and public sector in French-speaking countries in Africa to render the service as set forth in the attached Terms of Reference (ToR). Fluency in French and English is a requirement.
Service providers should carefully review the RFP and ToR before deciding whether to submit a proposal. A proposal should be submitted only if the service provider can perform the service if selected.
Service to develop and deliver IPSAS and Health Service Training under the auspices of ONECCA-TogoService to develop and deliver IPSAS and Health Service Training under the auspices of ONECCA-Togo
PAFA is inviting proposals to develop/translate IPSAS and Health Service training material and deliver the training as set forth in the attached Terms of Reference (ToR). Consultants should have a good understanding of the context of Public and Health Service Sectors in French Speaking Countries, including in Togo and should be capable of delivering the training in French.
Service providers should carefully review the RFP and ToR before deciding whether to submit a proposal. A proposal should be submitted only if the service provider can perform the service if selected.
Read more on Service to develop and deliver IPSAS and Health Service Training under the auspices of ONECCA-Togo
Service to develop and deliver IPSAS and Health Service Training under the auspices of ONECCA-Togo
PAFA is inviting proposals to develop/translate IPSAS and Health Service training material and deliver the training as set forth in the attached Terms of Reference (ToR). Consultants should have a good understanding of the context of Public and Health Service Sectors in French Speaking Countries, including in Togo and should be capable of delivering the training in French.
Service providers should carefully review the RFP and ToR before deciding whether to submit a proposal. A proposal should be submitted only if the service provider can perform the service if selected.
Service to Update the Professional Qualification (PQ) of the National Board of Accountants and Auditors (NBAA) in TanzaniaService to Update the Professional Qualification (PQ) of the National Board of Accountants and Auditors (NBAA) in Tanzania
PAFA is inviting service providers to render the service as set forth in the attached Request for Proposal (RFP) and Terms of Reference (ToR). Service providers should be an appropriate type of organisation; a professional accountancy organisation is preferred.
Service providers should carefully review the RFP and ToR before deciding whether to submit a proposal. A proposal should be submitted only if the service provider can perform the service if selected.
Read more on Service to Update the Professional Qualification (PQ) of the National Board of Accountants and Auditors (NBAA) in Tanzania
Service to Update the Professional Qualification (PQ) of the National Board of Accountants and Auditors (NBAA) in Tanzania
PAFA is inviting service providers to render the service as set forth in the attached Request for Proposal (RFP) and Terms of Reference (ToR). Service providers should be an appropriate type of organisation; a professional accountancy organisation is preferred.
Service providers should carefully review the RFP and ToR before deciding whether to submit a proposal. A proposal should be submitted only if the service provider can perform the service if selected.
PAFA Recognises Those Amplifying Africa’s Voice on Global Accountancy PlatformsPAFA Recognises Those Amplifying Africa’s Voice on Global Accountancy Platforms
Johannesburg, South Africa, 14 March 2025 – The Pan African Federation of Accountants (PAFA) proudly recognises the growing presence of African professionals serving on International Standards-Setting Boards and Advisory Groups of the International Federation of Accountants (IFAC).
These boards and advisory groups play an important role in shaping the global accountancy profession by fostering diverse perspectives and developing high-quality international standards and guidance that are widely accepted and implemented. PAFA acknowledges the contributions of African representatives on these platforms. Their expertise and advocacy ensure that international standards and guidance consider Africa’s unique circumstances, facilitating their adoption and effective implementation across the continent. In doing so, they strengthen the profession and enhance economic growth.
Read more on PAFA Recognises Those Amplifying Africa’s Voice on Global Accountancy Platforms
PAFA Recognises Those Amplifying Africa’s Voice on Global Accountancy Platforms
Johannesburg, South Africa, 14 March 2025 – The Pan African Federation of Accountants (PAFA) proudly recognises the growing presence of African professionals serving on International Standards-Setting Boards and Advisory Groups of the International Federation of Accountants (IFAC).
These boards and advisory groups play an important role in shaping the global accountancy profession by fostering diverse perspectives and developing high-quality international standards and guidance that are widely accepted and implemented. PAFA acknowledges the contributions of African representatives on these platforms. Their expertise and advocacy ensure that international standards and guidance consider Africa’s unique circumstances, facilitating their adoption and effective implementation across the continent. In doing so, they strengthen the profession and enhance economic growth.
PAFA Recognises Professional Accountancy Organisations Admitted to IFAC MembershipPAFA Recognises Professional Accountancy Organisations Admitted to IFAC Membership
Johannesburg, South Africa, 20 January 2025 – The Pan African Federation of Accountants (PAFA) proudly recognises three professional accountancy organisations (PAOs) from Africa that achieved the significant milestone of becoming Associate members of the International Federation of Accountants (IFAC) in 2024.
Read more on PAFA Recognises Professional Accountancy Organisations Admitted to IFAC Membership
PAFA Recognises Professional Accountancy Organisations Admitted to IFAC Membership
Johannesburg, South Africa, 20 January 2025 – The Pan African Federation of Accountants (PAFA) proudly recognises three professional accountancy organisations (PAOs) from Africa that achieved the significant milestone of becoming Associate members of the International Federation of Accountants (IFAC) in 2024.
PAFA signs MOU with SAAA-Zimbabwe to implement Accounting Technician Qualification for Africa: PAFA CEO calls on all PAOs in Africa to embrace Accounting TechniciansPAFA signs MOU with SAAA-Zimbabwe to implement Accounting Technician Qualification for Africa: PAFA CEO calls on all PAOs in Africa to embrace Accounting Technicians
Johannesburg, South Africa, 29 November 2024 - The Pan African Federation of Accountants (PAFA) signed a Memorandum of Understanding (MOU) with the Southern Africa Association of Accountants (SAAA) to implement the Accounting Technician Qualification for Africa (ATQA) in Zimbabwe.
The ATQA was developed by the World Bank as a public good designed for adoption by African countries to help build a skilled workforce of accounting technicians for both the private and public sectors. PAFA has been authorised by the World Bank to offer the ATQA to professional accountancy organisations (PAOs) in countries seeking to deliver a high-quality technician-level qualification.
Speaking at the official MOU signing ceremony, The PAFA CEO, Alta Prinsloo, said that PAFA’s plan to advance ATs is a critical initiative aimed at equipping individual accountants at all levels with essential accountancy skills to address key challenges of governance, transparency, and accountability in the public and private sectors, including addressing corruption and economic crime. She said that the initiative is not just about enhancing technical proficiency; it is about fostering economic growth, improving governance, and increasing foreign investment. The PAFA CEO concluded her message issuing: A Call to all PAOs in Africa to embrace the Accounting Technician Qualification as way of enhancing the service of the accountancy profession to benefit the public sector, private sectors and all the economies and markets in Africa.
Read more on PAFA signs MOU with SAAA-Zimbabwe to implement Accounting Technician Qualification for Africa: PAFA CEO calls on all PAOs in Africa to embrace Accounting Technicians
PAFA signs MOU with SAAA-Zimbabwe to implement Accounting Technician Qualification for Africa: PAFA CEO calls on all PAOs in Africa to embrace Accounting Technicians
Johannesburg, South Africa, 29 November 2024 - The Pan African Federation of Accountants (PAFA) signed a Memorandum of Understanding (MOU) with the Southern Africa Association of Accountants (SAAA) to implement the Accounting Technician Qualification for Africa (ATQA) in Zimbabwe.
The ATQA was developed by the World Bank as a public good designed for adoption by African countries to help build a skilled workforce of accounting technicians for both the private and public sectors. PAFA has been authorised by the World Bank to offer the ATQA to professional accountancy organisations (PAOs) in countries seeking to deliver a high-quality technician-level qualification.
Speaking at the official MOU signing ceremony, The PAFA CEO, Alta Prinsloo, said that PAFA’s plan to advance ATs is a critical initiative aimed at equipping individual accountants at all levels with essential accountancy skills to address key challenges of governance, transparency, and accountability in the public and private sectors, including addressing corruption and economic crime. She said that the initiative is not just about enhancing technical proficiency; it is about fostering economic growth, improving governance, and increasing foreign investment. The PAFA CEO concluded her message issuing: A Call to all PAOs in Africa to embrace the Accounting Technician Qualification as way of enhancing the service of the accountancy profession to benefit the public sector, private sectors and all the economies and markets in Africa.
PAFA Welcomes New Associate and New MemberPAFA welcomes: The Somali Institute of Certified Public Accountants (SICPA) – as an Associate and;
The Institute of Administration and Commerce (IAC) Zimbabwe - upgrading from Associate to Member
Johannesburg, South Africa, 21 November 2024 – PAFA is delighted to welcome SICPA into the PAFA family as an Associate and IAC Zimbabwe upgrading from Associate to Member. SICPA’s and IAC Zimbabwe’s applications were approved at the October 2024 PAFA Board meeting. PAFA’s membership now comprises 58 professional accountancy organisations in 47 African countries and five international affiliations.
PAFA is aware that the accountancy profession could contribute more effectively to the African continent’s development if national professional accountancy organizations are supported by a functioning continental organisation. Accordingly, along with other members and associates, PAFA is committed to supporting SICPA’s and IAC Zimbabwe’s continuing development to effectively serve the public interest in Somalia, Zimbabwe and Africa.
About PAFA The Pan African Federation of Accountants (PAFA) is the continental body representing Africa's professional accountancy organisations and an International Network Partner of the International Federation of Accountants (IFAC). Our vision is: “Sustainable value creation to benefit the citizens of Africa’’ and our mission is: “To strengthen the capacity and influence of the accountancy profession in Africa to enhance trade, the quality of services, and trust in institutions.
Read more on PAFA Welcomes New Associate and New Member
PAFA welcomes: The Somali Institute of Certified Public Accountants (SICPA) – as an Associate and;
The Institute of Administration and Commerce (IAC) Zimbabwe - upgrading from Associate to Member
Johannesburg, South Africa, 21 November 2024 – PAFA is delighted to welcome SICPA into the PAFA family as an Associate and IAC Zimbabwe upgrading from Associate to Member. SICPA’s and IAC Zimbabwe’s applications were approved at the October 2024 PAFA Board meeting. PAFA’s membership now comprises 58 professional accountancy organisations in 47 African countries and five international affiliations.
PAFA is aware that the accountancy profession could contribute more effectively to the African continent’s development if national professional accountancy organizations are supported by a functioning continental organisation. Accordingly, along with other members and associates, PAFA is committed to supporting SICPA’s and IAC Zimbabwe’s continuing development to effectively serve the public interest in Somalia, Zimbabwe and Africa.
About PAFA The Pan African Federation of Accountants (PAFA) is the continental body representing Africa's professional accountancy organisations and an International Network Partner of the International Federation of Accountants (IFAC). Our vision is: “Sustainable value creation to benefit the citizens of Africa’’ and our mission is: “To strengthen the capacity and influence of the accountancy profession in Africa to enhance trade, the quality of services, and trust in institutions.