Top 10 African Countries With Highest Corporate Tax Rates

Nigeria – $30,000

While Nigeria’s economy has been affected in recent years and inflation has further affected the country, it still maintains a really high corporate tax rate at 30%.

South Africa – $28000

South Africa’s average tax rate for corporations has consistently hovered at the 28% mark over the past decade.

Kenya – $30,000

East Africa has multiple entries in the list of countries with the highest corporate tax rates, and Kenya kicks off this list.

Ethiopia – $30,000

Ethiopia is another East African country with a really high corporate tax rate in the region.

Ghana – $25,000

Ghana’s average tax rate for corporations has consistently hovered at the 25% mark over the past decade.

Cote d’Ivoire – $25000

On average, the corporate tax rate for Cote d’Ivoire is 25.0%, roughly in line with the global average.

Angola – $25,000

The government generates the bulk of its revenue from national oil and gas companies and, as a result, offers low corporate tax rates.

Tanzania – $30,000

While East Africa has some of the highest corporate tax rates in Africa, there is still a high degree of variation among countries in the region. In Tanzania, the average tax rate is over 30%

DR Congo – $30,000

Cameroon – $30,800

The corporate tax rate in Cameroon has increased to 30.8% and has remained at the same level ever since, making it one of the countries with the highest corporate tax rates.