African Development Bank, Pan African Federation of Accountants launch $5.2 million initiative to professionalise African accountancy sector
JOHANNESBURG, South Africa, December 9, 2025/ — The African Development Bank Group (www.AfDB.org) and the Pan African Federation of Accountants (PAFA) have launched a $5.2 million institutional support project to address a severe shortage of qualified public sector accountants and auditors across Africa. The launch event was held on 26 November at The South African Institute of Professional Accountants



