Home | What We Do | How We Do It | Grants | Projects Regions | Eastern Southern Africa | Zimbabwe | Eastern and Southern African Initiative in Debt and Reserves Management (ESAIDARM)

Eastern and Southern African Initiative in Debt and Reserves Management (ESAIDARM)

  • Project Name:
    Eastern and Southern African Initiative in Debt and Reserves Management (ESAIDARM)
    • Core Competence:
      Financial Management and Accountability
    Project Region :
    Eastern & Southern Africa
    Country :
    Zimbabwe
    Status :
    Closed
    Grant Number :
    54
    Grant Amount (USD):
    2 000 000
    Commitment Date:
    1994
    Closing Date:
    1997
    Introduction:

    ESAIDARM was a regionally based effort that had a strong focus on local ownership by Governors of Central banks and Permanent Secretaries of the Ministries of Finance to enhance capacity of national governments to manage their debt reserves. ESAIDARM later became the Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI)

    Project Description:

    The objectives of the project were to (i) assist ESAIDARM in developing and implementing debt and reserves management capacity building plans in favour of participating countries; and (ii) to provide a wide rane of training, advisory services, networking and research in support of debt and reserve management priority programmes of member countries. The project consisted of three main elements, the establishment of the ESAIDARM Secretariat, and the financing of ESAIDARM’s capacity building programmes with three major components: Executive programme, Operations Programme and General Programme.  

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