Home | Media | News | ACBF to launch new Strategic Plan 2023-2027

ACBF to launch new Strategic Plan 2023-2027

Harare
Zimbabwe
10 May, 2023

The African Capacity Building Foundation (ACBF) will launch its new and innovative Strategic Plan 2023-2027 on the 25th of May in Sharm El Sheikh, Egypt, during the Annual Meetings of the African Development Bank Group.

The Strategic Plan 2023-2027 provides a purpose-driven approach to capacity development, with the aim of building the required human capital and institutional strength for transformative change in four priority impact areas, namely Climate Change and Energy for productive use, Agribusiness and Food Sovereignty, Trade as an Engine of Economic Development, and Economic and Social Governance.

The Plan intends to support the efforts of Member Countries in implementing the Second Ten-Year Implementation Plan (STYIP) of the African Union’s Agenda 2063 and achieving the United Nation’s Sustainable Development Goals (SDGs) by building human capital, effective institutions, and value addition to natural resources.

Throughout the Plan's implementation, ACBF will pay particular attention to 4 cross-cutting issues, namely, improving youth empowerment, enhancing gender equity, boosting digitalization, and strengthening data talent.

The Strategic Plan will be implemented using a unique product offering centered on an Institutional Accelerator Model (IAM) for institution building, the African Capacity Building Academy (ACB-Academy) for skills development, and the Capacity Knowledge Hub for knowledge services.

The 40 African Ministers of Finance, Planning, and/or Economic Development from the Foundation’s Member Countries, representatives from the Foundation’s Institutional Members, the diplomatic corps, and media personnel are expected to attend the Strategy Launch.

--------ENDS-------

About ACBF

For more than 30 years, the African Capacity Building Foundation (ACBF) has been building human capital and institutional capacity for Africa’s sustainable development. With membership from 40 African Countries, the African Development Bank (AfDB), the United Nations Development Program (UNDP), The African Union (AU), and The World Bank. ACBF is the leading institution for capacity development in Africa.

While serving all actors, ACBF recognizes the importance of and pays attention to improving the effectiveness of Africa’s public sector institutions at local, national, regional, and continental levels to become effective systems integrators and catalyzers of sustainable and transformative change.

Since its creation in 1991, ACBF has trained over 50,000 personnel in civil service, most of whom hold key positions in Ministries of Finance, Planning or Economic Development and Central Banks across the continent. The Foundation has established a network of over 50 think tanks supporting evidence-based policymaking across Africa and conducted numerous policy research/analyses, which have been critical in informing economic management and establishing benchmarks for success.

For more information, contact:

Tsitsi Chakonza on t.chakonza@acbf-pact.org

Thomas Kwesi Quartey

ACBF has been granted the status of a specialized agency because of the potential to transform Africa through capacity development.


H.E. Thomas Kwesi Quartey, Deputy Chairperson, AU Commission
Erastus Mwencha

The recognition of ACBF as the African Union’s Specialized Agency for Capacity Development launches the beginning of a new era for capacity building by ACBF, which will require an appropriate level of political commitment and financial support from all stakeholders.


H.E. Erastus Mwencha, Chair, ACBF Executive Board
Lamin Momodou

The remarkable achievements ACBF has registered over the past 26 years is not by accident in our opinion. They have come through hard work, dedication, commitment, purposeful leadership, support from the member countries as well as productive partnership building.


Mr. Lamin Momodou MANNEH, Director, UNDP Regional Service Centre for Africa
Goodall Gondwe

Africa needs ACBF as much, probably more now, than at the time it was created in 1991.


Hon. Goodall Gondwe, former Chair of the ACBF Board of Governors and Minister of Finance – Malawi
Ken Ofori Atta

Ghana’s partnership with ACBF is a tremendous blessing for us and therefore the opportunity for Ghana to host the 26th ACBF Board of Governors Meeting is something that we treasure.


Hon Ken Ofori Atta, Chair of the ACBF Board of Governors and Minister of Finance - Ghana
1
2
3
4
5
X