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The International Comparison Program for Africa (ICP AFRICA)

  • Project Name:
    The International Comparison Program for Africa (ICP AFRICA)
    Institution :
    The African Development Bank / ICP Africa
    • Core Competence:
      National Statistics and Statistical Institutions
    Project Region :
    West & Central Africa
    Country :
    Republic of Tunisia
    Status :
    Grant Number :
    Grant Amount (USD):
    1 000 000
    Commitment Date:
    Closing Date:

    The International Comparison Program (ICP) was a global statistical initiative established in 1970 to produce internationally comparable price and expenditure levels to facilitate cross-country comparisons of GDP and it’s sub-aggregates in real terms and free of price and exchange rate distortions. ICP Africa was not only a source of reliable and policy relevant data; it was also a comprehensive and coherent regional platform for statistical capacities. ICP had both the country-specific and region-wide capacity building elements. In May 2004 the ACBF Executive Board approved a grant of US$ 1 million for ICP Africa.

    Project Description:

    The program aimed at improving the quality, comparability and consistency of economic data, and establishing and maintaining an up-to-date databank.

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