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Africa Annual Review 2024

A year of building trust and solving together

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Dion Shango, PwC Africa Territory Senior Partner

Welcome to our third Africa Annual Review, outlining PwC Africa’s performance for the financial year ended 30 June 2024 and offering insights into the future direction of PwC’s network of firms in sub-Saharan Africa. ​Watch our Territory Senior Partner, Dion Shango as he shares his insights on navigating our evolving landscape.

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Messages from our regional leaders

  • Shirley

    Shirley Machaba - Regional Senior Partner, PwC South Market Area

  • Sam Abu - Regional Senior Partner, PwC West Market Area

  • Peter Ngahu - Regional Senior Partner, PwC East Market Area

Shirley Machaba message

Societal purpose is the cornerstone of PwC’s approach to driving positive change on the African continent. As we navigate megatrends like climate change, technological disruption, demographic shifts, a fracturing world and social instability, our commitment to societal purpose compels us to rethink how we operate. We are only half the story—together, with our people, our communities and our clients, we can drive meaningful change and build a sustainable future for all.

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Sam Abu message

PwC is dedicated to helping organisations in Africa redefine how they create and sustain value. By developing industry-specific frameworks, our approach to business model reinvention enables organisations to navigate disruption and seize opportunities. Through reimagining operations, we drive innovation, create sustainable value and contribute to a better future for all.

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Peter Ngahu message

We understand that traditional business practices are insufficient for today’s pressing issues. We are committed to integrating sustainability into our strategy, culture and operations in Africa. By prioritising sustainability and tackling climate change, we enhance resilience, ensure long-term success, and positively impact the environment.

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Executive summary

Financial performance

  • $0m

    6.0% growth

    Assurance

  • $0m

    5.6% growth

    Consulting and Risk Services

  • $0m

    3.5% growth

    Deals

  • $0m

    8.4% growth

    Tax and Legal Services

  • $0m

    total revenue

  • 6.0%

    year-on-year growth

Executive summary

Our people

  • 399

    partners

  • 10,000

    people across 15 countries

  • 1,000+

    graduate trainees

  • 28%

    female partner representation

  • 668,000+

    training hours

Executive summary

Our societal impact

  • PwC contributed

    R2.6bn

    through induced tax revenue in South Africa

  • PwC bursaries contributed approximately

    R44.2m

    towards South African GDP

  • PwC Mauritius M-Kids Aquaponics project:

    Empowerment of youth

    Improved community health

    Promotion of sustainable agricultural practices

  • PwC Chess4Change

    Creating a pipeline of future professional in Nigeria

Executive summary

African governance board

  • Financial summary

  • Our people

  • Our societal impact

  • Governance board

Executive summary

FY24 reflection

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Impact of key growth priorities

Translating Our Humanity

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Our societal impact

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Dion Shango

Dion Shango

Territory Senior Partner for PwC’s East, West and South Market regions in Africa, PwC South Africa

Tel: +27 (0) 11 797 4166

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Shirley Machaba

Shirley Machaba

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

Tel: +27 (0) 11 797 5851

Linkedin Follow Email
Peter Ngahu

Peter Ngahu

Regional Senior Partner, PwC East Market Area, PwC Kenya

Tel: +254 (0) 20 285 5090

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Sam Abu

Sam Abu

Regional Senior Partner, PwC West Market Area, PwC Nigeria

Tel: +2342012711700

Linkedin Follow Email
Verena Koobair

Verena Koobair

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

Tel: +27 (0) 11 797 4873

Linkedin Follow Email
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