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Capacity Building for Trade and Investment in Africa

Guvheya, Gibson
Date of publication: 

It is common cause that improved trade and investment hold out promise for attaining higher economic growth and greater gains in the fight against poverty, indeed, for the attainment of the millennium development goals. International development experience attests that countries that have entered export markets, opened their economies up to imports, and strengthened their investment climates have tended to grow faster over sustained periods of time. Unfortunately, African countries have not harnessed these potential benefits of trade and investment due to a combination of factors, not least: (1) poor infrastructure, (2) benighted government policies, (3) weak productive capacity, and (3) restricted access to export markets, particularly in those areas in which they have a comparative advantage, notably agriculture and labor-intensive manufactures.

Working Papers
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