• Saturday, April 27, 2024
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PKF International confirms Nigeria as Key Economic Centre in Africa

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PKF International, a global network of legally independent firms providing quality accounting and business advisory services around the world, has confirmed Nigeria as one of the Key Economic Centres (KECs) in the world, and a leading one in Africa. The two other countries in Africa are South Africa and Egypt.

Theo Vermaak, PKF Africa regional director, disclosed this at the Africa sub-region strategy conference held in Accra, Ghana, saying the audit firm’s focus on Africa was informed by the World Bank and International Monetary Fund (IMF) report identifying Africa as the continent with about 7 percent economic growth and West Africa sub-region as a major bloc contributing over 30 percent of GDP within the African region.

“As a result of this, PKF International resolved that every available resources including technical and training would be deployed to support PKF offices in West Africa,” he said.

He said PKF International was reassessing its brand strategy and would be working on some themes such as “PKF get closer for sustainable growth,” “Get closer get connected,” and “Get closer get expertise,” to sustain its core values.

Tajudeen Akande, West Africa director of the audit firm and senior resident partner of PKF Nigeria, said Nigeria was identified and confirmed as Centre of Excellence because of PKF Nigeria’s focus and leadership role in West Africa, saying that the firm would be empowered to offer support to other offices in the sub-region in the area of IFRS, accounting and financial advisory, and IT infrastructure.

He emphasised the need for regional cooperation and integration. Partners and directors attended the meeting from Nigeria, Ghana, The Gambia, Sierra Leone and Liberia.