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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.
Consultancy opportunity: Implementing the API Accelerated Learning Programme in four African countriesConsultancy opportunity: Implementing the API Accelerated Learning Programme in four African countries
The Pan African Federation of Accountants (PAFA), a partner in the African Professionalisation Initiative (API), is inviting eligible consulting firms to express their interest in a significant multi-country and multilingual assignment under the Strengthening PAFA and Public Financial Management Resilience in Africa (SPRA) Project.
SPRA is a multinational institutional-support project financed by the African Development Bank through its Transition Support Facility Pillar III and implemented by PAFA. Consistent with Pillar III’s focus on building inclusive, effective and accountable institutions in countries affected by fragility, the Project seeks to strengthen public financial management and support the professionalisation of public-sector accountants and auditors.
Read more on Consultancy opportunity: Implementing the API Accelerated Learning Programme in four African countries
Consultancy opportunity: Implementing the API Accelerated Learning Programme in four African countries
The Pan African Federation of Accountants (PAFA), a partner in the African Professionalisation Initiative (API), is inviting eligible consulting firms to express their interest in a significant multi-country and multilingual assignment under the Strengthening PAFA and Public Financial Management Resilience in Africa (SPRA) Project.
SPRA is a multinational institutional-support project financed by the African Development Bank through its Transition Support Facility Pillar III and implemented by PAFA. Consistent with Pillar III’s focus on building inclusive, effective and accountable institutions in countries affected by fragility, the Project seeks to strengthen public financial management and support the professionalisation of public-sector accountants and auditors.
Consultancy opportunity: To undertake a Comprehensive Programme to Enhance Audit Quality on the Continent, including Translation and Contextualization of PAFA’s Quality Assurance Review (QAR) guidanceConsultancy opportunity: To undertake a Comprehensive Programme to Enhance Audit Quality on the Continent, including Translation and Contextualization of PAFA’s Quality Assurance Review (QAR) guidance
The Pan African Federation of Accountants (PAFA) is inviting eligible consulting firms to express their interest in a significant 16-month, multi-country and multilingual assignment under the Strengthening PAFA and Public Financial Management Resilience in Africa (SPRA) Project.
SPRA is a multinational institutional-support project financed by the African Development Bank through its Transition Support Facility Pillar III and implemented by PAFA. Consistent with Pillar III’s focus on building inclusive, effective and accountable institutions in countries affected by fragility, the Project seeks to strengthen public financial management and support the professionalisation of public-sector accountants and auditors.
The consultancy will undertake a Comprehensive Programme to Enhance Audit Quality on the Continent, including Translation and Contextualization of PAFA’s Quality Assurance Review (QAR) guidance.
Read more on Consultancy opportunity: To undertake a Comprehensive Programme to Enhance Audit Quality on the Continent, including Translation and Contextualization of PAFA’s Quality Assurance Review (QAR) guidance
Consultancy opportunity: To undertake a Comprehensive Programme to Enhance Audit Quality on the Continent, including Translation and Contextualization of PAFA’s Quality Assurance Review (QAR) guidance
The Pan African Federation of Accountants (PAFA) is inviting eligible consulting firms to express their interest in a significant 16-month, multi-country and multilingual assignment under the Strengthening PAFA and Public Financial Management Resilience in Africa (SPRA) Project.
SPRA is a multinational institutional-support project financed by the African Development Bank through its Transition Support Facility Pillar III and implemented by PAFA. Consistent with Pillar III’s focus on building inclusive, effective and accountable institutions in countries affected by fragility, the Project seeks to strengthen public financial management and support the professionalisation of public-sector accountants and auditors.
The consultancy will undertake a Comprehensive Programme to Enhance Audit Quality on the Continent, including Translation and Contextualization of PAFA’s Quality Assurance Review (QAR) guidance.
Consultancy opportunity: Strengthening accountancy institutions and regulatory frameworks across AfricaConsultancy opportunity: Strengthening accountancy institutions and regulatory frameworks across Africa
The Pan African Federation of Accountants (PAFA) is inviting eligible consulting firms to express their interest in a significant multi-country assignment under the Strengthening PAFA and PFM Resilience in Africa (SPRA) Project. SPRA is a multinational institutional-support project financed by the African Development Bank through its Transition Support Facility Pillar III and implemented by PAFA. Consistent with Pillar III’s focus on building inclusive, effective and accountable institutions in countries affected by fragility, the Project seeks to strengthen professional capacity in public financial management, promote greater harmonisation of professional accounting standards, tools, practices and regulatory frameworks, and professionalise accountants and auditors in the public sector.
A central element of the Project is strengthening the institutional, professional and human capacities of professional accountancy organisations (PAOs) to improve the quality of financial reporting in transition states. Strong, well-governed and sustainable PAOs are essential to developing competent and ethical accountancy professionals, supporting the adoption and implementation of international standards, contributing to effective regulation of the profession, and advancing transparency and accountability. The consultancy opportunity directly supports this objective by strengthening the strategic direction of six PAOs and developing model legal, constitutional and governance arrangements for the accountancy profession.
Read more on Consultancy opportunity: Strengthening accountancy institutions and regulatory frameworks across Africa
Consultancy opportunity: Strengthening accountancy institutions and regulatory frameworks across Africa
The Pan African Federation of Accountants (PAFA) is inviting eligible consulting firms to express their interest in a significant multi-country assignment under the Strengthening PAFA and PFM Resilience in Africa (SPRA) Project. SPRA is a multinational institutional-support project financed by the African Development Bank through its Transition Support Facility Pillar III and implemented by PAFA. Consistent with Pillar III’s focus on building inclusive, effective and accountable institutions in countries affected by fragility, the Project seeks to strengthen professional capacity in public financial management, promote greater harmonisation of professional accounting standards, tools, practices and regulatory frameworks, and professionalise accountants and auditors in the public sector.
A central element of the Project is strengthening the institutional, professional and human capacities of professional accountancy organisations (PAOs) to improve the quality of financial reporting in transition states. Strong, well-governed and sustainable PAOs are essential to developing competent and ethical accountancy professionals, supporting the adoption and implementation of international standards, contributing to effective regulation of the profession, and advancing transparency and accountability. The consultancy opportunity directly supports this objective by strengthening the strategic direction of six PAOs and developing model legal, constitutional and governance arrangements for the accountancy profession.
PAFA Issues Exposure Draft of the Common Core Competency Framework for Future-Fit Accountants in AfricaPAFA Issues Exposure Draft of the Common Core Competency Framework for Future-Fit Accountants in Africa. PAFA has issued an Exposure Draft of the proposed Common Core Competency Framework (CCCF) for Future-Fit Accountants for Africa, inviting stakeholders to provide comments by 23 August 2026.
The proposed CCCF establishes a minimum benchmark for professional accountancy qualifications across Africa, supporting greater consistency, qualification comparability, mutual recognition, and professional mobility. It aligns with the revised 2025 International Education Standards (IES) issued by the International Federation of Accountants (IFAC) and the African Continental Qualifications Framework (ACQF), while reflecting the evolving role of professional accountants in areas such as digital transformation, sustainability, governance, public financial management, value creation, and Artificial Intelligence (AI).
Read more on PAFA Issues Exposure Draft of the Common Core Competency Framework for Future-Fit Accountants in Africa
PAFA Issues Exposure Draft of the Common Core Competency Framework for Future-Fit Accountants in Africa. PAFA has issued an Exposure Draft of the proposed Common Core Competency Framework (CCCF) for Future-Fit Accountants for Africa, inviting stakeholders to provide comments by 23 August 2026.
The proposed CCCF establishes a minimum benchmark for professional accountancy qualifications across Africa, supporting greater consistency, qualification comparability, mutual recognition, and professional mobility. It aligns with the revised 2025 International Education Standards (IES) issued by the International Federation of Accountants (IFAC) and the African Continental Qualifications Framework (ACQF), while reflecting the evolving role of professional accountants in areas such as digital transformation, sustainability, governance, public financial management, value creation, and Artificial Intelligence (AI).
Request for Proposal (RFP): Development of an Online Examination Management System (OEMS) for Levels 2 and 3 of ICAG-Ghana’s Professional QualificationPAFA 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 have proven experience in the design, development, deployment, and support of OEMS.
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.
Interested service providers are encouraged to submit proposals by close of business on 13 March 2026 through the link provided in the RFP.
Read more on Request for Proposal (RFP): Development of an Online Examination Management System (OEMS) for Levels 2 and 3 of ICAG-Ghana’s Professional Qualification
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 have proven experience in the design, development, deployment, and support of OEMS.
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.
Interested service providers are encouraged to submit proposals by close of business on 13 March 2026 through the link provided in the RFP.
PAFA and AAFA Launch 2026–2027 Africa Accounting & Finance Research Call (ACAFRI)The Pan African Federation of Accountants (PAFA), in partnership with the African Accounting and Finance Association (AAFA), has launched the 2026–2027 Africa Call for Accounting and Finance Research Initiative (ACAFRI).
ACAFRI is a flagship programme designed to promote African-led, evidence-based research that informs professional practice, regulation, and public policy across the continent. The initiative supports research aligned with Africa’s economic, governance, digital transformation, and sustainability priorities.
Read more on PAFA and AAFA Launch 2026–2027 Africa Accounting & Finance Research Call (ACAFRI)
The Pan African Federation of Accountants (PAFA), in partnership with the African Accounting and Finance Association (AAFA), has launched the 2026–2027 Africa Call for Accounting and Finance Research Initiative (ACAFRI).
ACAFRI is a flagship programme designed to promote African-led, evidence-based research that informs professional practice, regulation, and public policy across the continent. The initiative supports research aligned with Africa’s economic, governance, digital transformation, and sustainability priorities.
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.