AfDB: Africa Can Raise $469bn More in Revenue without Increasing Taxes - Tech | Business | Economy

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The article says African countries could generate more than $469 billion in extra annual revenue without raising tax rates. It links the opportunity to better tax administration, stronger compliance, and broader digital transformation across public institutions. The AfDB says modern tax systems can improve transparency, reduce leakages, and make collection more efficient. It also notes that the bank is supporting several countries with technical assistance and capacity-building for revenue authorities. The broader message is that technology-led public finance reform could unlock major fiscal gains across the continent.

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