African Center for Economic Transformation

For Establishing A Unit To Advise On Extractive Resource Issues

Overview
ACET is an African think tank that receives core support from the Global Development Program for its Africa-wide policy analysis and advisory activities. This grant would help ACET launch its special division focused on extractive resources: the Extractive Resources Facility. Conceived in collaboration with Hewlett Foundation grantee Revenue Watch Institute and Norway’s Oil for Development program, the Facility will build capacity for African governments to manage their natural resource wealth for the maximum public benefit by providing expert advice and assistance in developing, negotiating, and administering agreements with petroleum and mineral companies. Initial pilot activities in Liberia and Sierra Leone, which the Hewlett Foundation supported through a planning grant, are already under way, and ACET anticipates extending its services to Ghana within the next year. African Center for Economic Transformation (ACET) (Accra, Ghana) – Project; Renewal; $1,310,000 over 3 years; 14% of project budget
About the Grantee
Address
1776 K Street NW, Suite 200, Washington, DC, 20006, United States
Grants to this Grantee
for general operating support  
The African Center for Economic Transformation (ACET) provides research, policy advice, and capacity enhancements that African governments can use to transform their economies with the aim of reducing poverty and improving living standards for their citizens. ACET conducts economic analysis and research that provides practical understanding of economic transformation, and engages African policymakers to incorporate drivers of transformation into national strategies and plans. It also supports governments in strengthening the planning and finance institutions necessary to implement these strategies. ACET advances these activities both independently and through its Pan-African Coalition for Transformation that brings together scholars, governments, and the private sector from across Africa.
for general operating support  
The African Center for Economic Transformation provides research, policy advice, and capacity enhancements that African countries can use to transform their economies, reduce poverty, and improve living standards. It combines original research about the drivers of economic growth with advisory services to African governments on institutional arrangements and policy approaches to achieve economic growth goals. This grant would support the Center at an important time, as it moves from the inaugural edition of its flagship African Transformation Report and African Transformation Index into a sustained work program anchored on the themes of this report. In this grant period, the Center aims to further professionalize its communications and fundraising functions.
for advising African governments on the management of oil, gas, and mineral resources  
The African Center for Economic Transformation is a think tank that undertakes policy analysis and advisory activities. With this grant, the Center would assist governments with oil, gas, and mineral resources to exploit these resources effectively. The Extractive Resources Services program helps build capacity within African governments to manage their natural resource wealth for the maximum public benefit and provides expert advice and assistance in developing, negotiating, and administering agreements with petroleum and mineral companies. The Center also promotes dialogue among policy makers, investors, and civil society groups to create national platforms for good governance and responsive stewardship of natural resources.

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