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Financing Africa

by Attiya Waris

Financing Africa’s development requires ingenuity, discipline, and an understanding of fiscal systems – the entirety of government revenues and expenditures, including taxation and debt. This book makes fascinating what might seem at first glance complex. It describes diverse approaches that have been adjusted to local circumstances across the continent and reflects on the push to unite and harmonise toward African union.

Africa is rich, yet resources are lost through loopholes in fiscal systems. Financial resources come from the people, are not unlimited, and do not come easily or without cost. Africans must therefore cherish these resources and use them in nation-building and national and regional development. Efficient, effective, transparent and accountable fiscal systems that are fair and just will go a long way toward financing Africa’s development.

Using examples from all of Africa’s 54 countries, the book makes fiscal matters real and understandable for people, no matter their field. It demonstrates the importance of fiscal law and policy for development and the impact it has on individuals, communities, nations, regional groupings, and the continent.

ISBN 9789956551491 | 214 pages | 229 x 152mm | Colour Illustrations | 2019 | Langaa RPCIG, Cameroon | Paperback

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Reviews

“Professor Waris’ work on fiscal and tax issues in Africa is a serious and helpful contribution. The subject is complex, but the book succeeds in presenting a clear, readable and interesting analysis.”

Mohammed “Mo” Ibrahim, Founder, Mo Ibrahim Foundation

“As a reporter, I regularly dig into tax avoidance issues and illicit financial flows. Professor Waris’ clearheaded insights are a boon. We nonexperts can no longer say, ‘It’s all too complicated’ or ‘I don’t know where to start.’ This book provides resources for journalists to help keep issues of public interest on the front page.”

Will Fitzgibbon, International Consortium of Investigative Journalists

"Her analysis includes aspirational and profound citations and insights from African cultures. It will help us chart Africa’s future taxation path and, by extension, reduce inequalities across the continent. Her book is indeed a thinking mechanism that Africa desperately needs.”

Memory Kachambwa, Executive Director, African Women’s Development and Communication Network (FEMNET)

“This is an incredibly important book from one of the leading authors on Africa and taxation. Supported by a granular and insightful analysis of Africa’s 54 countries, this book is required reading for all those interested in taxation and sustainability. This is an exciting contribution, and strongly recommended.”

Prof. Ann Mumford, Dickson Poon School of Law, King’s College London

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