Pan-African Federation of Accountants created
09 May 2011
The Pan-African Federation of Accountants (PAFA) / Fédération Panafricaine des Experts-Comptables (FEPEC) was launched at an event held in Dakar, Senegal, on May 5, 2011.
The event was hosted by Ordre National des Experts Comptables et Comptables Agrées du Sénégal (ONECCA) with the support of the International Federation of Accountants (IFAC) and the World Bank.
PAFA is composed of 37 professional accountancy organisations from 35 countries, which have joined together to give voice to Africa's economies and strategy on the global stage. Major General Sebastian Owuama, Institute of Chartered Accountants of Nigeria, was named PAFA President. Dr. Mussa J. Assad, National Board of Accountants and Auditors, Tanzania, was named vice president and the PAFA Secretariat will be hosted by the South African Institute of Chartered Accountants in Johannesburg.
More information about PAFA can be accessed at pafa2011.onecca.org. IFAC has also issued a press release (link to IFAC website).