The Pan African Federation of Accountants (PAFA) is the regional body that is aimed to represent African professional accountants with one and louder voice, particularly in relating with International Federation of Accountants

International Federation of Accountants

International Federation of Accountants is the global organization for the accountancy profession. IFAC has 164 member and associates in 124 countries and jurisdictions, representing more than 2.5 million accountants employed in public practice, industry and commerce, government, and academe...

 (IFAC). It was inaugurated in Dakar

Dakar

Dakar is the capital city and largest city of Senegal. It is located on the Cap-Vert Peninsula on the Atlantic coast and is the westernmost city on the African mainland...

, Senegal on 5 May 2011.

Inauguration

The first president, elected at the inaugural meeting in Dakar

Dakar

Dakar is the capital city and largest city of Senegal. It is located on the Cap-Vert Peninsula on the Atlantic coast and is the westernmost city on the African mainland...

, Senegal, was Major General Sebastian Achulike Owuama.
Owuama is also president of the Institute of Chartered Accountants of Nigeria

Institute of Chartered Accountants of Nigeria

The Institute of Chartered Accountants of Nigeria is a professional accountancy body in Nigeria.It is one of the two professional accountancy associations with regulatory authority in Nigeria, the other being the Association of National Accountants of Nigeria .The relationship between the two...

 and of the Association of Accountancy Bodies in West Africa

Association of Accountancy Bodies in West Africa

The Association of Accountancy Bodies in West Africa is a regional organization of the International Federation of Accountants . As of 2011 there were ten West African accounting institutes represented in ABWA.-History:...

.
Dr. Mussa J. Assad of the National Board of Accountants and Auditors

National Board of Accountants and Auditors

The National Board of Accountants and Auditors is an accounting professional and regulatory body operating under the Ministry of Finance and Economic Affairs, the sole body to certify accountants in Tanzania.It began operating on 15 January 1973....

 in Tanzania

Tanzania

The United Republic of Tanzania is a country in East Africa bordered by Kenya and Uganda to the north, Rwanda, Burundi, and the Democratic Republic of the Congo to the west, and Zambia, Malawi, and Mozambique to the south. The country's eastern borders lie on the Indian Ocean.Tanzania is a state...

 was named vice president.
37 professional accountancy organizations from 35 countries are members of PAFA, which has the strong support of the World Bank

World Bank

The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...

 and IFAC.
The South African Institute of Chartered Accountants

South African Institute of Chartered Accountants

The South African Institute of Chartered Accountants , South Africa’s pre-eminent accountancy body, is widely recognized as one of the world’s accounting institutes....

 in Johannesburg

Johannesburg

Johannesburg also known as Jozi, Jo'burg or Egoli, is the largest city in South Africa, by population. Johannesburg is the provincial capital of Gauteng, the wealthiest province in South Africa, having the largest economy of any metropolitan region in Sub-Saharan Africa...

 will host the PAFA Secretariat.

Membership

At time of launch, members were:

• Benin
• Botswana - BICA
• Burundi - OPC
• Cameroon
• Congo Brazzaville
• Democratic Republic of Congo - IDRC
• Ethiopia - EPAAA
• Gambia
• Ghana - ICAG
• Guinea Bissau
• Ivory Coast
• Kenya - ICPAK
• Lesotho - LIA
• Liberia
• Libya
• Malawi - SOCAM
• Mali
• Mauritius - MIPA
• Morocco
• Namibia - CFA, ICAN
  Institute of Chartered Accountants of Namibia
  The Institute of Chartered Accountants of Namibia is a professional accountancy body in Namibia. It is the sole organisation in Namibia with the right to award the Chartered Accountant designation....
  
  
• Niger
• Nigeria - ICAN
  Institute of Chartered Accountants of Nigeria
  The Institute of Chartered Accountants of Nigeria is a professional accountancy body in Nigeria.It is one of the two professional accountancy associations with regulatory authority in Nigeria, the other being the Association of National Accountants of Nigeria .The relationship between the two...
  
  
• Rwanda - ICPAR
• Senegal - ONECCA
• Sierra Leone
• South Africa - SAICA
  South African Institute of Chartered Accountants
  The South African Institute of Chartered Accountants , South Africa’s pre-eminent accountancy body, is widely recognized as one of the world’s accounting institutes....
  
  , SAIPA
  South African Institute of Professional Accountants
  The South African Institute of Professional Accountants is a professional association of accountants based in South Africa. The institute had more than 6000 members as of 2011.-Qualification:...
  
  
• Sudan - SACA
• Swaziland - SIA
• Tanzania - NBAA
  National Board of Accountants and Auditors
  The National Board of Accountants and Auditors is an accounting professional and regulatory body operating under the Ministry of Finance and Economic Affairs, the sole body to certify accountants in Tanzania.It began operating on 15 January 1973....
  
  
• Togo
• Tunisia
• Uganda - ICPA
• Zambia - ZICA
  Zambia Institute of Chartered Accountants
  Zambia Institute of Chartered Accountants is the only professional accountancy body in Zambia. It is the sole organization in Zambia with the right to award the Chartered Accountant designation...
  
  
• Zimbabwe - ICAZ
  Institute of Chartered Accountants of Zimbabwe
  The Institute of Chartered Accountants of Zimbabwe is a professional accountancy body in Zimbabwe. It is the sole organization in Zimbabwe with the right to award the Chartered Accountant designation....
  
  , ICPAZ