African Center for Economic Transformation
For General Operating Support
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Amount$3,600,000
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Program
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Date Awarded7/20/2011
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Term48 Months
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Type of SupportGeneral Support/Organization
Overview
A regional think tank based in Ghana, the African Center for Economic Transformation (ACET) provides African policymakers with independent research and analysis to inform the design and implementation of sound policies that promote broad-based economic growth. ACET was established in 2007 with initial seed funding from the Hewlett and Rockefeller foundations; we subsequently provided a three-year core support grant to ACET in 2008. Since then, the Foundation’s core support has helped the institution raise approximately $16 million in additional project and core funding. The organization now has a staff of twenty-five at its Accra headquarters, hailing from eight African countries. This renewal grant will enable ACET to continue to expand its two main areas of work: (1) providing direct policy advisory services to senior government officials of African countries (current clients include the governments of Rwanda, Liberia, Ghana, and Sierra Leone); and (2) conducting original policy research on economic transformation issues in partnership with national think tanks in fourteen African countries, including producing the first edition of the Africa Transformation Report.
About the Grantee
Grantee Website
www.acetforafrica.org
Address
1776 K Street NW, Suite 200, Washington, DC, 20006, United States
Grants to this Grantee
for support to strengthen ACET's Gender Equality Program
As a pan-African economic policy institute, the African Center for Economic Transformation (ACET) supports sustainable and resilient growth in Africa. Through its Gender Equality Program, ACET aims to embed a gender-responsive lens in economic policy formulation. Over the next few years, the Gender Equality Program will develop the African Transformation Report on Gender Equality and support African governments in designing gender-responsive macroeconomic policies and implementation models. This flexible program grant will enable ACET to deepen these focal areas, including sustained, meaningful engagement with policy actors and civil society. (Strategy: International Women's Economic Empowerment)
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.
