Who We Are
The African Center for Economic Transformation is an economic policy institute supporting Africa’s long-term growth through transformation.
Our vision is that by 2025 all African countries will drive their own growth and transformation agendas, led by the private sector and supported by capable states with strong institutions and good policies. We work toward this vision through our analysis, advice, and advocacy.
To promote policy and institutional reforms for sustained economic growth and transformation in Africa.
What We Do
In research, ACET seeks to investigate the drivers of economic transformation; examine the progress, platform, and prospects for transformation for African countries; and identify each country’s most promising pathways to transformation. Occasionally, we conduct special studies on current topics with impending impact on Africa’s transformation prospects, such as China’s activities on the continent. We draw our insights from existing knowledge and, where gaps exist, from our own investigations. Our African Transformation Index is meant to provide a common quantitative tool to measure the progress of countries. In our effort to foster intra-African learning, most of our research aims to map the African landscape on key policy issues, to identify best practice in Africa and around the world. Read more
When governments share their goals and realities with us, we work together with them to chart a course and set priorities to drive transformation.
Through our research we are building expertise in that unique approach to analyzing countries. But without the right structures, no strategy can be implemented, so a fundamental aspect of our advisory work is to assist governments in developing institutional arrangements for coordinating policy, managing public finances and delivering on goals. In a little over four years we have supported the governments of Ghana, Liberia, Mozambique, Rwanda, and Sierra Leone in various areas, including merging two ministries, reviewing a national development planning body, and helping formulate petroleum policy. Read more
We push on several fronts for our analytical insights to be used by policymakers, businesses, and other key actors to make transformation happen. Through our Transformation Dialogues we share our findings with stakeholders at the global, regional, and country levels for debate, feedback, refinement, and implementation. And our research studies form the basis for industry-level engagements with key private sector players and policymakers to turn those opportunities into reality. As an honest broker, we will continue to facilitate dialogues to make government policy informed by business realities and industry, in turn, play a conscious role as an agent of transformation. Read more
How We Work
As a think-and-do tank, we apply knowledge by directly engaging citizens and decision makers. Bringing an authentic African perspective, our core staff comprises 30 personnel from 8 African countries, based at our headquarters in Accra. They include economists, researchers, policy analysts, management consultants, extractive industries experts, and administrative staff. They are supported by a global network of dozens of resource persons and renowned experts in African development, including a Nobel laureate in economics.
ACET is governed by a Board of Directors that includes former prime ministers, central bank governors, sector ministers; scholars; legal experts; and development practitioners.
Our activities are made possible by the generous support of the governments of Ghana, Netherlands, and Norway; the Hewlett Foundation; the Rockefeller Foundation; the Open Society Initiative; the World Bank; and the UK Department for International Development.