Tax Transparency and Exchange of Information (EOI): Priorities for Africa

Monkam, Nara / Ibrahim, Gamal / Davis, William / von Haldenwang, Christian
External Publications (2018)

published on T20 Argentina 2018


Illicit financial flows (IFFs) is one of the key contributing factors to lower tax revenues in developing countries. As most IFFs from African countries end up in financial institutions outside Africa, intergovernmental cooperation aiming at enhancing transparency and exchange of information (EOI) for tax purposes is a key ingredient of any solution to tackling international tax evasion. However, while the supply side of the EOI equation has improved over the years with over 70 jurisdictions having eliminated strict bank and ownership secrecy for EOI purposes, the African demand side of the equation remains problematic, with few African countries making requests and thus benefiting from the huge unexploited potential in the EOI tools and wide network. This policy brief proposes solutions whereby African countries could influence existing global standards on EOI and develop home-grown tax information sharing and transparency measures.

About the author

Haldenwang, Christian von

Political Science


Further experts

Fasold, Maximilian

Political Economy 

Hilbrich, Sören


Mchowa, Chifundo

Development Economics 

Sommer, Christoph


Walle, Yabibal

Development Economics