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Capacity Building Project for Economic Policy Analysis and Management in Sao Tome and Principe (EPAM – STP)

  • Project Name:
    Capacity Building Project for Economic Policy Analysis and Management in Sao Tome and Principe (EPAM – STP)
    Institution :
    The Government of the Democratic Republic of Sao Tome and Principe
    • Core Competence:
      Economic Policy Analysis and Management
    Project Region :
    West & Central Africa
    Country :
    São Tomé and Principe
    Status :
    Closed
    Grant Number :
    184
    Grant Amount (USD):
    1 000 000
    Commitment Date:
    2006
    Closing Date:
    2011
    Introduction:

    ACBF’s partnership with São Tome and Principe started in 2000, when the ACBF Executive Board approvedtwo projects: the “Projet de Renforcement des Capacités de Lutte contre la Pauvreté”(PRECASP) and “Projet d’Appui au Point Focal pour le Renforcement des Capacités”.The Government of STP requested support to build andstrengthen the capacity of its institutions in macroeconomic and developmentmanagement in order to consolidate on-going reform processes and to improvegovernance.

    Project Description:

    The project objective was toenhance economic governancethrough effective macroeconomic policy analysis and management and through itspublic review and oversight. The specific objectives were to build or strengthen the analytical and management capacities for economicand policy analysis within the Ministry of Planning and Finance; to build/ strengthen the capacity of the National Assembly to properly fulfill its review, oversight and accountability functions on matters of economicpolicies, and to improve public access to economic policy information and advice.

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
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