For treasurers, budget analysts, and financial controllers strengthening public financial management across African governments.
The PFM™ (Public Financial Management) certification is the foundational credential for public sector finance professionals in Africa. It equips you with the core competencies to manage budgets, treasury operations, procurement, and fiscal reporting – aligned with international standards (PEFA, IPSAS, and GFSM).
Whether you work in a ministry of finance, a treasury department, an audit office, or a development partner, PFM™ validates your ability to improve budget credibility, control public spending, and enhance transparency.
Budget preparation, execution, and reporting in national, provincial, or local government.
Cash management, debt management, and government accounting.
Public procurement, contract management, and value‑for‑money analysis.
Risk assessment, internal controls, and compliance auditing.
Advisors working on public sector reform projects in Africa.
Staff of AfDB, World Bank, IMF, UN agencies, and bilateral donors.
The exam covers five key areas, weighted to reflect real‑world PFM responsibilities in Africa.
Formulation, approval, execution, and oversight. Medium‑term expenditure frameworks (MTEF), programme budgeting.
Legal frameworks, tendering, evaluation, contract administration, e‑procurement, and anti‑collusion.
Treasury single account (TSA), cash forecasting, domestic and external debt, debt sustainability.
Government financial statements, IPSAS, GFSM, fiscal risk disclosure, citizen budgets.
Internal control frameworks (COSO, INTOSAI), risk management, audit trails, and follow‑up mechanisms.
Approved study materials (e‑book, video lectures) or instructor‑led training in Africa.
Online mock tests with 100+ questions to gauge readiness.
3‑hour exam, 120 multiple‑choice and scenario questions. Offered monthly in 15 African cities.
Digital badge and certificate. Renew every 3 years with 60 CPD credits.
The PFM™ certification is widely recognised by:
"PFM™ helped our team design a more credible budget process. The module on cash management directly reduced our arrears."
— Fatima S., Director of Budget, Ministry of Finance, Senegal
| Examination Fee (includes one retake) | $350 USD |
| Study Materials (e‑book + video library) | $150 USD |
| Instructor‑led course (optional, 5 days) | $850 USD |
| Annual PFM membership (after certification) | $95 USD |
Discounts for African public sector employees (30% off exam fee). Payment plans available. Bulk rates for institutions.
Next exam windows: 15 June 2026, 20 September 2026, 10 December 2026 (online or at test centres in Accra, Nairobi, Johannesburg, Lagos, Kigali, and more).