About
EFNET
The African Capacity Building
Foundation (ACBF) will launch an African Economic
and Financial Policymakers’ Network (EFNET)
in 2004. The meeting to launch the Network
will take place in Nairobi, Kenya and will
be attended
by all African ministers of finance and development
planning, among other senior policymakers.
EFNET is being set up by the Foundation to
foster dialogue, information and knowledge
sharing (including best and replicable practices)
in policymaking and implementation, and to
support mutual learning among ministers and
other senior development managers. It is thus
a Knowledge and Information Sharing Community
for African Economic and Financial Policymakers.
The Nairobi
launch meeting will be geared towards achieving
four major objectives. These are to:
- Formally launch the
Forum as a Knowledge and Information Sharing
Community – African Economic and
Financial Policymakers Network (EFNET)
- Brief EFNET members
about ACBF operations, especially its economic
policy units, training programs and knowledge
management strategy.
- Explore a link between
the Forum (EFNET) and other ACBF knowledge
networks and their mutually reinforcing
benefits.
- Sensitize EFNET
members to, or heighten their awareness
of, strategies that support the emergence
of knowledge-based economies and explore
implications for African economies.
The meeting
will be expected to generate the following
outcomes, among others:
- Establish EFNET
as a Knowledge and Information Sharing
Community for policymakers in the area
of economic and financial management.
- Share information
about ACBF operations and its knowledge
management strategy and thus the benefits
they hold for improving the quality of
economic and financial management policies
and practices on the continent.
- Enhance understanding
of strategies and programs for promoting
the growth of knowledge-based economies
in Africa.
The meeting
will appoint a Chair and a Vice Chair for the
emerging EFNET, determine the theme for reflection
of its members at the next meeting, set a date
and determine the venue for the next meeting,
and identify core areas of support requiring
ACBF’s intervention for the effectiveness
of the Network, especially in the areas of
e-governance, the establishment or strengthening
of economic and financial policy knowledge
systems, documentation and sharing of best
and replicable practices in the design and
management of economic and financial policies
and programs, and thus provide a guide to ACBF
as to how best to strengthen capacity building
for continuous improvement in the quality of
core economic and financial policies and development
programs.
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