Economic growth is not enough to drive the change that Africa needs. For countries to truly develop – to reduce poverty, build good infrastructure, educate our young people and create decent jobs – it needs to transform. Our recipe for transformation is growth with DEPTH. This is growth underpinned by Diversified production and export structures, enhanced Export competitiveness, increased Productivity, and promotes Technological advancements, all in service of improved Human well-being. Transformation creates resilient economic systems that can withstand shocks like pandemics, climate disasters, economic downturns, and more.
Through our work on Economic Management & Governance, we are establishing and sustaining growth with DEPTH as a leading economic development paradigm in Africa. We also help governments develop and implement public policies and investments that provide supportive infrastructure and services and maintain a regulatory environment conducive to creative entrepreneurial activity. Through our fellowship programs and participation in national and international consortiums, we are forging effective partnerships between public institutions and the private sector.
Pan-African Coalition for Transformation (PACT)
PACT rallies governments and key policymakers to come together and apply pressure on a continental level to implement policies for transformation at both the national and continental level.
Compact with Africa (CwA)
To address governance challenges, we have organized several peer learning events as part of the Compact with Africa (CwA) initiative and the German Reform Partnership (RP) Program.
Compact for Economic and Political Transformation in Ghana
Ghana’s economic and political transformation requires a cohesive vision and concerted implementation that supersedes political parties and ideologies.
Featured Reports & Studies
Guinea, a country of roughly 12.4 million people with a bank account penetration rate of 15 percent as of 2017, has made modest gains in reducing financial exclusion levels since […]
This is a synthesis report on Promoting Women and Youth Financial Inclusion for Entrepreneurship and Job Creation: Comparative Study of Selected Sub-Saharan African Countries. The three countries covered in this study are Guinea, Sierra Leone and Zambia.
Featured Insights & Ideas
Sustained economic transformation requires that economies are built to resist shocks and to recover quickly, especially in light of the COVID-19 pandemic. The onset of the pandemic in 2020 has brought further challenges to Africa’s economic development efforts by not ...
The Center for Global Development and the African Center for Economic Transformation are hosting a public event on the recently reformed policies governing the use of the Poverty Reduction and Growth Trust (PRGT).
The African Center for Economic Transformation (ACET) and the Center for Global Development (CGD) are co-hosting this panel discussion on the gendered impacts of the COVID-19 crisis and how to ensure women and girls are not left behind in the path to recovery in Afr...
The Council on Foreign Relations-Ghana will host ACET’s Founder and President, Dr. K.Y Amoako as Guest Speaker at a virtual conference on March 3, 2021, to mark its second anniversary.
The African Center for Economic Transformation (ACET) and the Center for Global Development (CGD) are co-hosting this panel discussion on domestic resource mobilization (DRM) in Africa to meet post-COVID19 economic and social challenges. African governments cannot rel...
Over the past 50 years, countries across Africa have undergone radical changes, including to their economic circumstances. Signature successes have been tempered by the emergence of equally prominent challenges. In the midst of a rapidly evolving world and a global pand...