- Africa is currently undergoing a significant digital transformation at the national, regional, and continental levels, driven by the vision outlined in Agenda 2063.
- Despite challenges such as limited resources and infrastructure, the continent is determined to achieve the goals set out in Agenda 2063, which includes strengthening tax administration, combatting fraud, and implementing e-invoicing systems.
- Several African countries have already adopted mandatory e-invoicing systems, with Zambia and Mauritius planning to implement nationwide electronic invoicing systems.
- Zambia aims to prevent fraudulent invoices and increase earnings from unregistered suppliers, while Mauritius plans to require the use of electronic tax devices and implement a pre-clearance system for invoices.
- Mauritania is also mandating e-invoicing, focusing initially on real-time submission of VAT invoices and integrating the e-Invoicing System with point of sale and Enterprise Resource Planning systems.
Source Group Seres
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE