PwC has ceased operations in over a dozen countries, including nine in Sub-Saharan French-speaking Africa, following a strategic review. The decision, finalized this month after negotiations that began last year, affects countries considered too small, risky, or unprofitable by PwC's global leadership.
The African countries impacted are Ivory Coast, Gabon, Cameroon, Madagascar, Senegal, the Democratic Republic of Congo, Congo Republic, Republic of Guinea, and Equatorial Guinea. Local partners in these regions reported losing over a third of their business in recent years after being pressured by PwC's global executives to drop risky clients, leading to litigation and mounting differences.
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