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Master’s Degree in Banking and Finance

  • Project Name:
    Master’s Degree in Banking and Finance
    Institution :
    Centre Africain d’Etudes Superieures en Gestion (CESAG)
    • Core Competence:
      Financial Management and Accountability
    Project Region :
    West & Central Africa
    Country :
    Senegal
    Status :
    Active
    Phase :
    1
    Grant Number :
    56
    Grant Amount (USD):
    1 500 000
    Commitment Date:
    2001
    Closing Date:
    2006
    Phase :
    2
    Grant Number:
    177
    Grant Amount (USD):
    1 500 000
    Commitment Date:
    2006
    Closing Date:
    2011
    Phase:
    3
    Grant Number:
    264
    Grant Amount (USD):
    1 570 000
    Commitment Date:
    2012
    Closing Date:
    2017
    Introduction:

    The Centre Africain d’Etudes Supérieures en Gestion (CESAG) was established in 1985 and taken over in 1995 by the Banque Centrale des Etats de l’Afrique de l’Ouest (BCEAO) on behalf of the Union Monétaire Ouest Africaine/West African Economic and Monetary Union(UEMOA/WAEMU) to undertake training, research and consulting in management as means to achieve regional integration in West Africa.

    Project Description:

    The Banking and Finance Master’s Degree Program at the Centre Africain d’Etudes Supérieures en Gestion (CESAG) was approved by the Executive board of ACBF in November 2000 (Phase I) and in May 2006 (Phase II) with the overall goal to improve the macroeconomic environment of countries of the Economic and Monetary Union of West Africa (UEMOA) in particular and other African countries in general through the training of a pool of highly competent professionals that meet international standards in the areas of corporate banking and finance. The development goal of CESAG-MBF Phase III is to improve financial management and accountability of African countries in the areas of corporate banking, risk management and capital markets. The immediate objectives of CESAG’s MBF Project (Phase III) are to:

    (i) Maintain the sustainability of the Masters’ Degree in Corporate Business and Finance (MBF) within CESAG;

    (ii) Increase the skills of middle and high-level African professionals in banking and financial management; and

    (iii) Improve the visibility of Masters’ degree in Corporate Business and Finance in networking with relevant professional associations, training institutions and corporations.

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
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