The International Federation of Accountants (IFAC) is poised to enhance public sector accountancy across Africa, supported by a $1m grant from the Global Fund.
This initiative will also benefit from private sector contributions, amplifying its scope and effectiveness.
IFAC CEO Lee White said: “This grant, with the implementation support of our partner PAFA, will allow us to continue to address the shortage of qualified professionals in the public sector by developing and implementing comprehensive and sustainable training programs that build technical expertise, ethical standards, and leadership skills.
“Professionals with this background contribute to better PFM and they’re leaders in the fight against corruption on the continent.”
In the next two years, the programme will persist in its efforts in Burkina Faso and Ghana while extending its reach to Tanzania and Togo.
The collaboration aims to fortify professional accountancy organisations (PAOs) and enhance public financial management systems in these countries.
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By GlobalDataIFAC revealed the grant during the Annual General Meeting of the Pan African Federation of Accountants (PAFA) General Assembly, which took place alongside the Africa Congress of Accountants 2025 in Kigali, Rwanda.
This partnership highlights the dedication to advancing accountancy standards throughout the continent.
The initiative is in line with the African Professionalization Initiative (API), which aims to professionalise the public sector accountancy workforce across Africa.
The API promotes cooperation among the accountancy profession, accountants general, and Supreme Audit Institutions (SAIs).
The expanded programme will concentrate on strengthening national PAOs in Tanzania and Togo.
It seeks to integrate professional learning programmes and assist public sector institutions in attracting and retaining qualified professionals dedicated to integrity and effective governance.
PAFA CEO Alta Prinsloo said: “The success of our initiatives in Burkina Faso and Ghana demonstrates the impact that can be achieved when local leadership, a strong continental partner like PAFA, and a global body like IFAC work together.
“With support from the Global Fund, we are well positioned to expand this collaborative model to Tanzania and Togo – strengthening PFM and ultimately creating sustainable value for the citizens of Africa.”
