Tax Transparency in Africa 2024 Report: Mauritius takes the lead
Article Published on September 24, 2024
The Tax Transparency in Africa 2024 report by the OECD covers 41 African countries and is co-produced by the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum), the African Union Commission and the African Tax Administration Forum.
In 2024, Mauritius cements its leadership in tax transparency across Africa, driven by its adherence to international standards set by the OECD and the Financial Action Task Force (FATF). The country has implemented robust anti-money laundering (AML) and counter-terrorist financing (CFT) frameworks, while its extensive network of Double Taxation Avoidance Agreements (DTAAs) and Tax Information Exchange Agreements (TIEAs) ensures adherence to compliance requirements and thus, builds investor confidence. By aligning with global tax standards, Mauritius has earned recognition from international bodies, enhancing its reputation as a sustainable and transparent financial hub, further positioning the country as a key player in Africa's economic growth and global credibility.