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Abacus Worldwide bolsters African presence
Yahoo Financeยท 2025-10-15 11:07
Group 1 - Abacus Worldwide has added two new members from Africa: Munyao, Muthama & Kashindi Advocates (MMK) from Kenya and P&A Accountants from South Africa [1][2] - P&A Accountants provides a range of solutions including accounting and tax compliance for businesses of all sizes, while MMK offers legal services with offices in Nairobi and Mombasa [1][2] - The CEO of Abacus Worldwide, Julio Gabay, emphasized that having members in Africa enhances the association's global reach and ability to serve clients with international expertise [2][3] Group 2 - The expansion into Africa is seen as a response to the continent's rapidly growing economies and expanding professional services sector, which presents opportunities for cross-border collaboration [3] - Abacus Worldwide also incorporated Balans-Inform-Audit (BIA), an audit firm from Uzbekistan, which supports companies in adapting to the local market-oriented economy [3][4] - BIA's membership in Abacus Worldwide includes joining Task International, a network for independent accounting firms specializing in transnational auditing and compliance [4]