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
CEMAC non-performing loans fall to 16.0% in 2025, BEAC says Lending rises 10.7% despite tighter liquidity and higher borrowing costs Growth,...
Investec secures $200 million IFC loan for green housing finance Funds to support eco-buildings, affordable green home loans in South...
“Keur Samba” securitization bonds begin trading on the BRVM Operation backed by NSIA Banque CI and Orabank CI totals CFA52 billion Move aims...
Witti Finances Holding acquired a majority stake in Kajas Microfinance, entering the Senegalese market. The firm rebranded the entity as Witti...
Most Read
01

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
02

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
03

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...

Flutterwave Secures Banking License in Nigeria, Joining Push by Fintechs Like Revolut, Wise
04

This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...

Weekly Health Update | Africa Faces Health Supply Risks; DRC Ends Mpox Emergency
05

M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...

In Africa, Banks Face a New Rival: Telecom Operators
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.