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1、Tax Transparency in Africa 2023Africa Initiative Progress Report2|TAX TRANSPARENCY IN AFRICA 2023Section headFocusing on Africa enables the identification of specific approaches and the provision of tailored support to address the specific needs and priorities of African countries to grow their capa

2、city in exchange of information.The Africa Initiatives work fits into broader agendas,as tax transparency is an opportunity to stem illicit financial flows and increase domestic resource mobilisation,which are central to the African Unions Agenda 2063 and the Sustainable Development Goals.The Africa

3、 Initiative is a partnership between the Global Forum,its African members and several continental,regional and international organisations and development partners.With Angola,Sierra Leone and Zimbabwe recently joining the Global Forum,the Africa Initiative now counts 37 members and remains open to

4、all African countries.1 It is supported by 16 partners and donors.1.Upon joining the Global Forum,African countries become members of the Africa Initiative.Initially set up for a period of three years(2015-2017),the Africa Initiative was renewed for a second phase(2018-2020)in November 2017 and for

5、a third phase(2021-2023)in October 2020.The Initiative also agreed on a new governance framework involving the election of a Chair and Vice-Chair to steer its work and a clear set of goals were agreed upon.Building on the lessons learnt from the first year of implementation,the new governance framew

6、ork was modified in December 2022,with two Co-Chairs for a two-year period.To promote the objectives of the Africa Initiative,the“Yaound Declaration”was signed during a ministerial meeting held on the sidelines of the 2017 Global Forum plenary meeting in Yaound,Cameroon.The Declaration calls for str