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Framework for US-Africa Relations

Addis Ababa, Ethiopia
18 Jul, 2014


Framework for US-Africa Relations
Recognized as the fastest growing region in the world with enormous natural resource potential, Africa offers vast opportunities in terms of new technologies, investments, access to potential markets, and new types of consumers. This explains the growing interest of countries such as China, India, Malaysia, Turkey, Brazil, etc. which have recently increased their presence and investments in the continent. The U.S has been relatively slower to react to the potentialities and new developments happening in Africa. However, recently, there has been a change in the dynamics: Africa now plays an increasingly significant role in supplying energy, preventing the spread of terrorism, etc. and is recognized as a strategic partner.

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