BREAKING: Stripe now supports tax payments in five new African countries
- Stripe expanded its tax automation support to Benin, Burkina Faso, Cameroon, Cape Verde, and Ethiopia.
- The announcement was made during Stripe Sessions 2025, the company's annual product event.
- Stripe Tax now supports automated tax payments in 102 countries, up from 57 a year ago.
Stripe's expansion into African markets with tax automation tools is a strategic move that not only addresses the pressing issue of tax compliance but also positions the company as a key player in the continent's burgeoning digital economy. This initiative could significantly enhance the competitiveness of African businesses on a global scale, but it remains to be seen how effectively these tools will be adopted in diverse regulatory environments.
