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The story of our year

Africa Annual Review 2026

Africa Annual Review 2026

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Approach to quality by line of service

From the desk of the Territory Senior Partner

Welcome to our Africa Annual Review 2026, outlining PwC Africa’s performance for the financial year ended 30 June 2026 and offering insights into the future direction of our network across Africa. Watch our Territory Senior Partner, Dion Shango as he shares the story of our year.

Video 05/11/26

Africa Annual Review, The story of our year

Dion Shango, PwC Africa Territory Senior Partner

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Messages from our regional leaders

East Market Area Regional Senior Partner 

South Market Area Regional Senior Partner

West Market Area Regional Senior Partner 

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PwC at a glance

Explore our news, highlights and achievements over the past 12 months which reflect the breadth, strength and collaboration of our Africa firm. 

Explore the highlights of our year

Our offices

Our financial performance

The year ended 30 June 2026 brought both change and growth. Advances in technology and changing market conditions continued to reshape what our clients needed from us, and how we supported them. Across our Africa firm, revenue grew by 3,4% compared to the previous year, and although performance differed across our lines of service, our focus remains on delivering high-quality services and creating sustained value.

Explore our revenue performance 

 

 

** Effective 1 July 2026, our operating model evolved from four lines of service to three: Assurance, Advisory, and Tax and Legal Services

At PwC Africa, we serve clients as one unified firm, integrating expertise across the continent and all lines of service to address interconnected challenges and opportunities. In today’s rapidly evolving environment, clients require holistic, sector-specific strategies that draw on the full breadth of our capabilities and knowledge.

Our approach is centred on collaboration across Assurance, Tax and Legal Services, and Advisory, anchored in market-aligned sectors. By organising around client industries rather than technical silos, we bring together specialists from across Africa and globally to co-create tailored, multidisciplinary solutions.

Here are some examples of our approach: 

Pillar Two: A coordinated response

The introduction of Pillar Two posed an exciting opportunity for PwC Africa – creating value for clients beyond compliance. To best support our clients from a multi-dimensional perspective, approaching Pillar Two required a coordinated response across Tax, Assurance and Corporate Reporting as well as drawing on the PwC Global Network. 

A key focus was building capability within PwC through targeted training, technical discussions and ongoing support. Through our multi-disciplinary team discussions and training, we were able to gauge how Pillar Two impacts clients practically, specifically multinational groups with complex internal structures. By working collaboratively across these teams, PwC developed a consistent approach to the tax, accounting and disclosure implications, including IAS 12 requirements and the assessment of Pillar Two exposures for multinational groups. 

Creating value beyond compliance meant our approach required proactive action. Through engaging PwC audit teams and our clients early, we can assess applicability, consider disclosure requirements and support planning ahead of formal compliance obligations. Drawing on our Africa and Global footprint means that we can provide clients with a seamless experience, regardless of territory.

Collaboration in action: Connecting our expertise across our network

A client required support in establishing a new research and development entity in a foreign market. The engagement involved a broad range of interconnected considerations, including corporate structuring, tax, transfer pricing, treasury, technology implementation, governance, legal and regulatory compliance, and people-related matters.

Addressing these requirements required expertise from across Lines of Service and our wider network. Bringing together specialists with deep technical knowledge and teams familiar with the client's business enabled us to provide a coordinated response to a complex cross-border challenge.

A key focus was ensuring that important decisions were considered holistically rather than in isolation. By working collaboratively across disciplines, the team was able to assess how decisions relating to intellectual property, tax, treasury, technology, governance and regulatory requirements influenced one another, allowing us to provide integrated advice rather than separate workstream responses.

Early involvement from tax specialists helped ensure that intellectual property structuring and investment holding considerations informed the proposed structure from the outset and were aligned with the broader operating model. This enabled key business, operational and governance decisions to be considered in parallel and supported a more coordinated approach.

Drawing on expertise from across our network also enabled the team to combine local market insight with a deep understanding of the client's broader strategic objectives. Bringing these perspectives together helped deliver a seamless cross-border experience and ensured the engagement remained aligned to the client's long-term goals.

By working as one team, we were able to provide an integrated, multidisciplinary solution to support the establishment of the new entity. Bringing together diverse capabilities created greater value for the client than any individual workstream could have delivered alone.

Our AI reinvention journey

As organisations across Africa move beyond experimenting with AI and focus on practical adoption, we have taken a deliberate approach: transforming ourselves first. This principle has shaped our AI journey and reflects our commitment to being "client zero" before advising others on similar transformations. FY26 marked a key milestone, as capabilities established over several years began to scale across the firm and create the platform for long-term reinvention.

Our AI transformation is built on more than technology alone. Over several years, we have invested in modern platforms, cloud capabilities, and data infrastructure, while establishing the governance required for responsible AI adoption. These investments were designed to create the conditions required for AI at scale while maintaining the quality and responsible standards expected of us.

During FY26, these capabilities continued to mature through a governed AI ecosystem comprising more than ten risk-tiered and secured AI tools approved for safe enterprise use. This enables trusted AI adoption at scale within a secure, governed environment.

Explore our AI journey

 

 


Governance, quality and risk

Strong governance enables us to uphold our commitment to integrity, build trust with our stakeholders and deliver value for our clients. Delivering quality is the foundation of our stakeholder relationships, the source of our reputation and the key to our success. Robust risk management is fundamental to sustaining the trust and confidence of our clients, regulators and stakeholders.

Read more about our governance, quality and risk


Societal purpose

Over the past four years, using the Social Accounting Matrix (SAM) for each respective country, we have analysed the estimated economic impact of our business operations across Africa as part of our ongoing commitment to measuring our contribution to economic and social development. Each year, we assess a different set of countries. In FY24, our analysis focused on South Africa, followed by Ghana, Kenya and Nigeria in FY25, and Namibia and Tanzania in FY26. 

Explore our impact analysis

 

 

Our diversity and inclusion strategy focuses on creating a fair and inclusive workplace as part of overall people value proposition, building a diverse talent pipeline and strengthening the value we deliver through our work, making PwC the employer of choice for all our people.

Read about our strategic priorities

 

 

We made a worldwide commitment to achieve net zero greenhouse gas (GHG) emissions with near-term science-based targets set for 2030. This bold commitment means we are decarbonising the way we operate, including a 50% targeted reduction in scope 1 and 2 emissions and a 50% targeted reduction in business travel emissions in scope 3 from a 2019 base.

Read about our Net zero progress

 

 

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Contact us

Dion Shango

Dion Shango

PwC Africa Territory Senior Partner, PwC South Africa

Tel: +27 (0) 11 797 4166

Anastacia Tshesane

Anastacia Tshesane

Regional Senior Partner, PwC South Market Area, PwC South Africa

Tel: +27 (0) 11 797 5802

Kang'e  Saiti

Kang'e Saiti

Regional Senior Partner, PwC East Market Area, and Country Senior Partner, PwC Kenya

Tel: +254 (0) 20 285 5000

Sam Abu

Sam Abu

Regional Senior Partner, PwC West Market Area, PwC Nigeria

Tel: +2342012711700

Michal Kotze

Michal Kotze

Africa Clients and Markets Leader, PwC South Africa

Tel: +27 (0) 11 797 4603

Verena Koobair

Verena Koobair

Head of Communications and Societal Purpose Firm Pillar Lead, PwC South Africa

Tel: +27 (0) 11 797 4873

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