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Africa Loses $125 Billion in Tax Revenue Due to Informal Economy
NEWS

Africa Loses $125 Billion in Tax Revenue Due to Informal Economy — AfDB Warns

May 29, 2025May 29, 2025 - by Jeremiah Amosu - Leave a Comment

Nigeria and South Africa Among Top Revenue Losers as Informal Sector Growth Outpaces Regulation Africa may be missing out on over $125 billion in annual tax revenue due to the …

Africa Loses $125 Billion in Tax Revenue Due to Informal Economy — AfDB Warns Read More

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Africa Tax Review

Delivers simplified, in-depth, and holistic insights into Africa’s tax landscape.

Recent Posts

  • Nigeria Introduces Tax Relief Framework to Boost Oil Sector Efficiency
  • Rwanda Rolls Out New Taxes to Boost Revenue and Spur Development
  • Africa Loses $125 Billion in Tax Revenue Due to Informal Economy — AfDB Warns
  • Real Estate Sector in Kenya Raises Tax Concerns Over Finance Bill 2025
  • Proposed U.S. Remittance Tax Could Cost African Economies Billions

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About Africataxreview

Africa Tax Review delivers simplified, in-depth, and holistic insights into Africa’s tax landscape.

Recent Posts

  • Nigeria Introduces Tax Relief Framework to Boost Oil Sector Efficiency
  • Rwanda Rolls Out New Taxes to Boost Revenue and Spur Development
  • Africa Loses $125 Billion in Tax Revenue Due to Informal Economy — AfDB Warns
  • Real Estate Sector in Kenya Raises Tax Concerns Over Finance Bill 2025
  • Proposed U.S. Remittance Tax Could Cost African Economies Billions

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