FINANCIAL CAPACITY BUILDING ESSENTIAL IN AFRICA TO PRESERVE DECADE OF ROBUST ECONOMIC GROWTH
February 1st, 2017
THE MODERATION of growth across sub-Saharan Africa last year to 1.5%, (according to the World Bank), from an average 5-7% per annum in the previous 10 years, may signal that the region needs to firm up its financial professions and institutions to help preserve its recent economic gains.
The World Bank has been working alone and with regional organisations such as the African Capacity Building Foundation (ACBF) to build capacity in financial management and reporting in the region’s public and private sector.
The World Bank-financed and ACBF-coordinated ...
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