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ACBF INJECTS A FURTHER US$16 MILLION INTO CAPACITY BUILDING IN SUB-SAHARAN AFRICA
 

The African Capacity Building Foundation (ACBF), based in Harare, Zimbabwe, is an independent, capacity-building institution established on February 9, 1991 through the collaborative efforts of three multilateral institutions (the African Development Bank (AfDB), the World Bank, and the United Nations Development Programme (UNDP)), African governments and bilateral donors.


A Tough Year Ahead: Time to Consolidate and Focus on Reforms
 

This article is by Rajiv Kumar and Published in the Financial Chronicle on 25th December 2008


AFRICAN CAPACITY BUILDING FOUNDATION (ACBF)
 

Africa’s development achievements in the years following independence are visible, but varied. Prior to the recent global economic crisis, real GDP growth in Africa was above 5 - and with broad macro-economic stability. The overall prospects for sustainable poverty reduction seemed good. However, the financial crisis, while not impacting Africa to the extent initially envisaged, negated some of the significant gains made in the last decade. The crisis also highlighted specific demands for capacity development, such as the skills to manage reserves and spending programs, but also those related to sustaining reforms in complex global and national environment


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