What’s New

  • Accelerating Regional Integration by Opening Borders

    West-africa-nasa In ACET’s African Transformation Report, we show that regional integration can be a very strong catalyst for economic transformation in Sub-Saharan Africa. One sure way to harness the potential gains of regional integration is for neighboring nations to band together and form regional ...
  • Rainfall Insurance for Smallholders in Northern Ghana

    NP Ghana 46 copy (5209276192) In Sub-Saharan Africa, climate change threatens to increase the probabilities of extreme weather events such as droughts and floods, and therefore to create more variability in crop production for farmers. In addition to starvation and extreme poverty, the lack of predictability in crop ...
  • How Should We Govern the Ghana National Petroleum Corporation (GNPC)?

    Worldwide, funding state participation in natural resource activities has three challenges: how to pay for that participation or the share of equity, how to set standards for accountability and transparency, and how to manage the fiscal risk if the state decides to borrow to pay for the equity. In its short history as an oil and gas producing economy, Ghana’s experience with the two state entities, the gas company (soon to be absorbed by GNPC) and petroleum corporation, echoes cautionary tales from elsewhere. Among the many lessons ...
  • A Nine‑Point Plan for Transformational Development Banks

    Sub-Saharan countries can learn from their past experiences to create modern transformational development banks to support their transformation agendas. This does not necessarily mean new banks; in several countries it may call for restructuring some existing institutions and possibly closing or privatizing others. While transformational development banks should not be judged on the same profit-making yardstick as private commercial banks, they should nevertheless be financially viable. Here are nine key principles that could inform reform: 1 Governments should separate ownership from management. That the state supplies the capital does not mean it should run the bank. Management could be contracted to professionals ...
  • How Should Ghana Manage its Mineral Revenues?

    This morning, ACET and the Australian Government hosted the first of its “Public-Private Sector Dialogue on Mining Governance in Ghana” series. Taking place at La Palm Royal Beach Hotel in Accra, the forum hosted thought leaders from government, civil society, mining communities, and the private sector. ACET Senior Advisor Joe Amoako-Tuffour and Australia’s High Commissioner to Ghana, H.E. Joanna Adamson, opened the dialogue, which focused on “Governance and the Management of Revenues from Mineral Exploitation.” “The extractives sector in Ghana can play a transformative role and contribute to the achievement of Ghana’s development priorities,” Ms Adamson said. “We hope that the ...