PricewaterhouseCoopers (PwC), a multinational professional services network, on Wednesday announced it is increasing its investment in Africa and building closer links between PwC UK and PwC Africa, to meet increased demand for professional services as trade activity between the two regions grows.
The investment is part of PwC’s ongoing strategy to develop high potential markets, and follows the UK firm’s successful investment in Central and Eastern Europe, according to a statement issued by the company in Johannesburg.
Ian Powell, UK Chairman and Senior Partner, commented: “This is an exciting development which enhances our ability to serve clients across the fastest growing region in the world. Africa has an abundance of natural resources and seven of the world’s fastest growing economies meaning the opportunities for UK business are significant.”
Suresh Kana, PwC Africa Network Territory Senior Partner, said: “This is great news for our network. Over the years we have built PwC into the leading network in Africa.
“We now see huge opportunities to build our capabilities further as we will be able to invest even faster in key industry sectors such as Capital Projects