Corporate Income, Profits and Capital Gains Tax Revenue Perceived by Any Government Level in Africa by Country

The analysis of corporate income, profits, and capital gains tax revenue in African countries indicates a diverse landscape. Nigeria presents a notable decline of 4.91% in 2023, highlighting challenges in taxation effectiveness despite having the highest contribution to total taxation. Contrastingly, the Republic of the Congo shows a substantial increase of 22.41%, marking an upward trend in tax revenue capture. Egypt, Mauritania, and Mauritania exhibit modest growth around 1.6-1.7%, while Mauritius and Tunisia show resilience with around 2.7-3.7% increases. Notably, South Africa and Malawi have experienced declines in tax collection efficiencies.

Future trends to watch include:

• Potential recovery in Nigeria as reforms could unlock tax revenue growth.
• Continued growth in the Republic of the Congo driven by economic reforms and strategies.
• Variable performances in economies like Egypt and Mauritania, responding to fiscal policies and external economic pressures.
• The need for hybrid models leveraging digital taxation innovations in countries like Kenya and Ivory Coast.