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“Funding Capacity Development Strategies Is No Longer AChoice for Africa’ ACBF Executive Secretary

Photo: Emmanuel Nnadozie, the Executive Secretary of the African Capacity Building Foundation (ACBF)

The Executive Secretary of the African Capacity Building Foundation (ACBF), Emmanuel Nnadozie has said that “Funding capacity development strategies is no longer a choice for Africa especially if the continent wants to successfully implement the first ten year plan of Agenda 2063 and national development plans.”

The ACBF executive secretary made these remarks ahead of the Foundation’s 26th Board of Governors Meeting to hold in Accra Ghana on September 4 and 5; And a high level meeting, on September 4, 2017, to provide an opportunity for key development actors to reflect on means for effectively financing the continent’s development agenda and capacity building.

The meeting will review and address the capacity needs and gaps as well as leadership and planning issues that are slowing the pace of Africa’s transformation.

The High level meeting under the theme “Enhancing Access to and Absorption of Development Resources in Africa”will be attended by finance, economic development and planning ministers from across Africa; development partners from North America, Europe and Australia, as well as top officials from the African Union Commission, the African Development Bank, the United Nations Economic Commission for Africa, the United Nations Development Programmeand the World Bank.

President Nana Akufo-Addo of Ghana is the chief patron of the meeting.

“This 26th Board of Governors Meeting is coming at a crucial moment when African countries are striving to implement Agenda 2063 and the Sustainable Development Goals, but are faced with inadequate human and institutional capacity to effectively implement the plans. How quickly African leaders make the right choice on this issue, especially in supporting the comprehensive work done by ACBF and other capacity development think tanks, will highly determine the pace of implementation and success of this and other development plans at the national, regional continental and global levels,” the executive secretary added.

The meeting will also focus on the use of Science, Technology and Innovation (STI) for socio-economic transformation and innovative ways of financing STI as part of developing the critical technical skills required for inclusive and sustainable development of African economies.