Through our country studies, the African Transformation Report, and research on the drivers of transformation, ACET is building competence in a unique approach to analyzing countries. Upon request we help countries develop and implement their transformation strategies. To date, we have provided policy and institutional support to the governments of Ghana, Liberia, Mozambique, Rwanda, and Sierra Leone, with five more countries in the pipeline.
We focus on three main functions:
Identifying the Main Drivers
We engage countries on the foundation of our analytical work. Our country studies help us appreciate each country’s peculiar journey towards economic transformation and our search for best practices show us what is possible. Thus, when governments share their goals and realities with us, we can work together with them to chart a course and set priorities to drive transformation. Bringing in specialized competencies, as needed, from our network of partners, we work with countries on:
- Industrial policies
- Export promotion
- Agriculture modernization
- Skills development
- Special economic zones and foreign direct investment
- Infrastructure financing and management, including public private partnerships
Making the Institutional Reforms
Without the right structures, no strategy can be implemented. So we assist African governments in developing robust institutional arrangements for coordinating policy, managing public finances and delivering on goals.
Leveraging Mineral Resources
Africa’s natural resources industry has enormous potential to transform the economies of many resources rich countries, but the lack of specialized capacity for the management of these resources remains a major challenge. ACET’s Extractive Resource Services (ERS) assists governments to maximize the benefits from their natural wealth while sustainably managing those resources.
In 2009 we worked with the government of Sierra Leone to bring its petroleum policies and laws up to global standards and fully realize the benefits. Our success in Sierra Leone prompted the government of Liberia to request assistance in developing their own petroleum policy. And in partnership with the World Bank, we have begun a comprehensive engagement with the government of Mozambique to develop the institutional and governance structures for its mineral, oil, and gas industries.