Africa Congress of Accountants (ACOA) Begins Tomorrow, Focuses on Creating Value for Africa
The International Federation of Accountants (IFAC) and the Pan African Federation of Accountants (PAFA) today reaffirmed their strategic partnership, committing to amplify their collective impact, deliver greater value for their members, and support Africa’s economic transformation and growth.
IFAC and PAFA’s collaboration will be spotlighted at ACOA 2025, which is being hosted by the Institute of Certified Public Accountants of Rwanda (ICPAR) in association with PAFA. At the Congress, which is being held in Kigali, IFAC will co-host an Expert Forum with the International Organization of Supreme Audit Institutions (INTOSAI) in collaboration with PAFA and the African Organisation of English-speaking Supreme Audit Institutions (AFROSAI-E). The purpose is to deepen discussions and explore successful public sector accountancy professionalization initiatives.
Alta Prinsloo, Chief Executive Officer of PAFA, said: “IFAC has been a key partner in PAFA’s journey from its establishment to today, supporting our efforts to strengthen Africa’s accountancy profession and amplify its contribution to sustainable development. Our collaboration reflects a shared commitment to building a profession that meets Africa’s needs and global expectations, and to ensuring Africa’s voice helps shape the future of accountancy. Together, we are deepening the profession’s impact across the continent and globally.”
Attending PAFA’s Board Meeting today, Lee White, IFAC Chief Executive Officer, said: “Our deepened collaboration with PAFA will enable our two organizations to optimize resources and ensure consistency in global messaging to help our profession speak with one recognized and trusted voice for the benefit of all our members. Separately, in times of turbulent international relations and economic uncertainty such as we are experiencing today, the value of and need for a global profession is especially recognized. A strong accountancy profession remains a harbour of stability and an imperative for all economies globally.”
PAFA continues to mirror IFAC’s strategic priorities, aligning Africa’s accountancy profession with global trends and priorities while addressing the continent’s unique needs and opportunities. By amplifying Africa's voice, advancing international standards, and building a future-ready profession, PAFA is ensuring that Africa’s accountancy profession can contribute meaningfully to the global agenda and deliver value at scale.
IFAC and PAFA’s joint publication, The Accountancy Profession Enabling Africa’s Transformation, highlights the pivotal role of the accountancy profession in advancing sustainable economic growth and societal progress across the continent.
Keeping momentum strong, IFAC, PAFA, and the Institute of Certified Public Accountants of Kenya (ICPAK) will co-host IFAC Connect™ in Nairobi, Kenya in August 2025. IFAC Connect is a global event series that brings together leaders of the accountancy profession, investors, regulators and other key stakeholder to tailor global solutions for regional realities.
About IFAC
IFAC, by connecting and uniting its members, makes the accountancy profession truly global.
IFAC member organizations are champions of integrity and professional quality, and proudly carry their membership as a badge of international recognition.
IFAC and its members work together to shape the future of the profession through learning, innovation, a collective voice, and commitment to the public interest.
About PAFA
PAFA is an IFAC Network Partner and Regional Organization, representing the accountancy profession in Africa. PAFA has 57 member organizations in 47 countries in Africa and five international affiliates. PAFA’s vision is sustainable value creation for the citizens of Africa. This is achieved by strengthening the capacity and influence of the accountancy profession to enhance trade, the quality of services, and trust in institutions.