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
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing package to Invictus Investment Company PLC (ADX:...
Burkina Faso restructures public funds into four targeted financing mechanisms New funds aim to streamline spending, improve oversight, and reduce...
Zenith Bank explores East African expansion, holds talks with regulators Denies reports of confirmed Paramount Bank acquisition in...
Cameroon backed $44.9M in BDEAC loans to three private firms Treasury guarantees cover 50% of loans for hotel, plant, logistics projects...
Most Read
01

(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...

MCB deploys strategic financing to Invictus Investment to scale up its agro-food operations in Africa
02

MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...

Africa HealthTech Bootcamp Opens in Benin With Focus on Regulation and Startup Growth
03

Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...

Nestlé Faces New Claims of Excess Sugar in African Baby Cereals
04

Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...

Chad Reports Second Vandalism Attack on Key Internet Cable in Two Weeks
05

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
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.