Approximately 500 million sub-Sahara Africans have no official identification document and governments say this means they are excluded from banking systems.
Implementing digital ID systems could bring African governments a cumulative $50 billion tax windfall every year, a new report suggests.
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Digitizing tax administration and investing in data collection could help to broaden the tax base, according to the Commission for Africa’s economic report on Africa 2019.
Digital IDs could help improve tax assessments and administration, and
fill government coffers.
There are an estimated 1.1 billion people worldwide who cannot officially Click here to read entire article