The ACBF secretariat has become more efficient and more effective in building capacity in Africa as a result of significant progress made in ongoing reforms agreed with the World Bank. The ACBF Executive Secretary presented the progress achieved in the implementation of the reforms and the overall current status of ACBF at the 2014 Annual Meetings of the World Bank Group and the International Monetary Fund from 6th October to 13th October 2014.
He reaffirmed the resolve of ACBF to fulfill commitments made while paying attention to results. According to him, the ACBF has now become more effective in capacity development in Africa having become more focused, more efficient, better governed and paying more attention to results and its own sustainability. For instance, ACBF will be pay serious attention to scaling up and prioritizing for success.
Thanks to the reforms, the Foundation now has a simpler, flatter and leaner management structure and will increase the use of ICT to enhance efficiency in programme delivery. The Executive Board of the Foundation will meet more frequently and project design has been improved and grantees capacity enhanced for effective implementation and monitoring of their projects for better results. Also, the Foundation will ramp up its knowledge and learning activities to underpin its support to capacity development efforts at the continental, regional and country levels for the public, private and civil society sectors. Finally, the Foundation has made significant progress in mobilizing African stakeholders, especially its member States who are now contributing more to the Foundation than at any other time in its 24-year history.
The update on reforms was delivered during the Executive Secretary’s first official visit to the World Bank. At the invitation of the Africa Region of the World Bank, ACBF participated in the 2014 Annual Meetings of the World Bank Group and the International Monetary Fund from 6th October to 13th October 2014. This mission provided the Executive Secretary the opportunity to engage World Bank officials and Executive Directors and to update them on the status of the Foundation’s operations, especially on the implementation of its set of reforms.
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