Public Management

ALSF Management Board reviews its activities ahead of African Development Bank 2019 Annual Meetings

ALSF Management Board reviews its activities ahead of African Development Bank 2019 Annual Meetings
Thursday, 09 May 2019 11:33

The Management Board of the African Legal Support Facility (ALSF) has met to review progress made in 2018 and to assess the implementation of its projects. The Board considered key issues and events, which will be discussed further on the margins of the 2019 Annual Meetings of the African Development Bank Group, scheduled to take place next month in Malabo, Equatorial Guinea.

Established in 2008, the ALSF is an international public institution, hosted by the African Development Bank Group. Its mandate is to support African states by providing legal advisory services, launching capacity-building events, and developing unique knowledge management tools.

During the meeting, the board reviewed the body’s 2018 draft Annual Report and financial statements and advised on enhancing the implementation of ALSF projects as they continue to increase in number and spread across the continent.

The Board also discussed a proposal for an ALSF Private Entity Funding Framework, which would be developed to guide the terms and conditions of contributions by private entities and to expand the Facility’s resource mobilization.

Board members also heard a report about a recent meeting held for African government negotiators from Bank Regional Member Countries, during which participants expressed interest in financially contributing to the ALSF.

Board members encouraged ALSF management to be innovative and strategic, to focus on the results of its operations, and on new opportunities in the rapidly changing investment environment.

The Management Board is responsible for ALSF’s efficient operations, approval of its budget and appointment of its Director. Its current five members, appointed for a three-year, non-renewable term, are Dorcas Achapa (Kenya), Dandi Gnamou (Benin), Bruce Montador (Canada), Mahomed Rafique (Mozambique), and Gaston Kenfack (Cameroon).

35494 Board reviews its activities ahead of African Development Bank 2019 Annual Meetings

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Cameroon backed $44.9M in BDEAC loans to three private firms Treasury guarantees cover 50% of loans for hotel, plant, logistics projects...
State buys back 95 % of ENEO from Actis for CFA78 billion ($137 million) Government plans to refinance ENEO’s CFA800 billion debt and tighten...
IFC to provide a $120 million guarantee for SME loans in six African countries Two dedicated funds will support agriculture and small business...
Reserves reach $46.7 billion, covering 10.3 months of imports Naira sees a brief appreciation despite long-term depreciation Rating upgrades and...
Most Read
01

DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...

DRC, Eyeing AI for Farms and Mines, Seeks to Launch Academy with China’s Huawei
02

DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...

DRC in Talks with Alibaba, Isoftstone to Develop a Chinese-Style E-Commerce Model
03

China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...

South Africa Loses More Support as Xi Jinping Also Skips the G20 Summit
04

Ghana to allocate $2.8B in 2026 budget for major road infrastructure push Funding targ...

Ghana to Allocate $2.8 Billion for Road Development in 2026
05

Powered exclusively by Rolls-Royce Trent 7000, delivering 14 % lower fuel burn per seat and f...

Airbus Delivers First of Ten Rolls-Royce Trent 7000-Powered A330-900neo to Air Algérie
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.