Edupreneur Editorial Team17 April 2025
In a major strategic shift, global consulting giant PricewaterhouseCoopers (PwC) has announced the closure of its offices in nine Sub-Saharan African countries. The decision comes after a global review aimed at streamlining operations and reducing exposure to high-risk markets. The affected countries include Côte d’Ivoire, Cameroon, Gabon, Senegal, Democratic Republic of Congo, Republic of Congo, Madagascar, Guinea, and Equatorial Guinea. PwC stated that the move aligns with its broader plan to strengthen its global network and manage reputational and financial risks. The closures follow recent regulatory challenges in other regions, including fines in the UK and China. In a similar move earlier this year, PwC also exited Zimbabwe, Malawi, and Fiji. In Zimbabwe, former partners have rebranded under a new local firm, Vista Chartered Accountants. Despite these exits, PwC reported a 9% increase in revenue for 2024, reaching £6.3 billion—though this marks a slowdown from the previous year’s growth.