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ACBF injects US$14.1m into six African capacity building projects
POSTED: 9:31 a.m. EDT, March 30,2007

The Harare-based African Capacity Building Foundation (ACBF) on Thursday granted 14.1 million U.S. dollars to six capacity building projects in African countries to strengthen the regional economic policy analysis and management.

ACBF Executive Secretary Dr. Soumana Sako said the grants cover all of the foundation's core competency areas, including economic policy analysis and management, financial management and accountability, and strengthening and monitoring of national statistics.

Also included are public administration and management, strengthening of the policy analysis capacity of national parliaments and professionalization of the voices of private sector and civil society, he said.

The foundation will inject 2.6 million dollars into the statistical capacity building project for the government of the Central Africa Republic and the Zanzibar statistical capacity building project.

The Macroeconomic and Financial Management Institute of Eastern and Southern Africa will receive 2 million dollars for creating an environment for productive investment and economic growth for countries in Eastern and Southern Africa.

Uganda's economic policy management training program in Makerere University will receive 2.5 million dollars to improve the efficiency of the public sector in sub-Saharan African countries through the enhancement of capacity for economic policy analysis and management.

Also in Uganda, the country's capacity building program for planning, expenditure management and accountability will be granted 4.5 million dollars to improve effectiveness and efficiency in the use of public resources to attain national development targets.

The Women's University in Africa in Zimbabwe will benefit from a 2.5 million dollars grant to enhance its institutional and human capacity.

As Africa's premier institution in capacity building and established in 1991, ACBF aims to build sustainable human and institutional capacity for sustainable growth, poverty reduction and good governance on Africa.

The foundation is an outcome of collaboration between African governments and the international donor community, including African Development Bank, UNDP and the World Bank.

From:xinhua
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