{"id":259883,"date":"2024-12-03T22:09:55","date_gmt":"2024-12-03T22:09:55","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/12\/03\/project-to-enhance-macroeconomic-mgt-kicks-off\/"},"modified":"2024-12-03T22:09:55","modified_gmt":"2024-12-03T22:09:55","slug":"project-to-enhance-macroeconomic-mgt-kicks-off","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/12\/03\/project-to-enhance-macroeconomic-mgt-kicks-off\/","title":{"rendered":"Project To Enhance Macroeconomic Mgt Kicks Off"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>Dignitaries at the event<\/strong><\/p>\n<p>\u00a0<\/p>\n<p>The Africa Capacity Building Foundation (ACBF) has launched the Capacity Development for Africa\u2019s Structural Transformation (CADAST) project to enhance macroeconomic policy management, equipping the national and regional institutions with training and technical assistance.<\/p>\n<p>Head of West and Central Africa Regional Office and Director of Programmes and Impact, ACBF, Mbacke Niang, said by focusing on evidence-based policy, CADAST will aim to strengthen the capacity to implement the Africa Continental Free Trade Area (AfCFTA) agreement effectively.<\/p>\n<p>He said this during the CADAST Regional Training Workshop in support of AfCFTA implementation on the theme, \u201cBridging Anglophone and Francophone Markets through Trade Facilitation, SME Partnerships and AfCFTA Value Chains.<\/p>\n<p>Mr. Niang stated that, AFREXIMBANK\u2019s commitment to facilitating trade and economic cooperation cannot be overstated and their support through the Capacity development for the AfCFTA implementation project is invaluable.<\/p>\n<p>\u201cBy enhancing our understanding of trade dynamics and providing access to financial resources for small and medium-size enterprises, AFREXIMBANK is helping to create an environment where businesses can flourish and contribute to the boarder economic landscape,\u201d he said.<\/p>\n<p>Reading on behalf of the Secretary General of AfCFTA, Wamkele Mene, Abdul Kamara said the workshop provides a critical platform to equip Small and Medium-sized Enterprises (SMEs), MDAs from across Africa with the tools and knowledge to navigate the AfCFTA framework.<\/p>\n<p>He explained that, AfCFTA holds an immersed transformative power, making a significant stride toward integrating African markets beyond existing regional agreements.<\/p>\n<p>However, he stated that realising this vision necessitates addressing the lingering challenges of colonial legacy including linguistic, legal and institutional disparities that have hindered regional and continental integration efforts, with the Anglophone and Francophone divides being a notable example.<\/p>\n<p>\u201cNevertheless, this diversity also presents an opportunity to demonstrate Africa\u2019s strength in unity,\u201d he added.<\/p>\n<p>This workshop, he said, represents a crucial step in overcoming these challenges and by fostering cross-linguistic and regional collaboration, \u201cwe can develop the necessary capacity to integrate economies establish resilient value chains and ensure inclusive growth\u201d.<\/p>\n<p>\u201cAs Africa\u2019s gateway to economic transformation, the AfCFTA will harmonise trade frameworks, leverage digital innovation and bridge linguistic and regional divides,\u201d he added.<\/p>\n<p>\u00a0<\/p>\n<p><strong>By Janet Odei Amponsah<\/strong><\/p>\n<p><!-- CONTENT END 2 -->\n\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dignitaries at the event \u00a0 The Africa Capacity Building Foundation (ACBF) has launched the Capacity Development for Africa\u2019s Structural Transformation (CADAST) project to enhance macroeconomic policy management, equipping the national and regional institutions with training and technical assistance. Head of West and Central Africa Regional Office and Director of Programmes and Impact, ACBF, Mbacke Niang, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":259884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-259883","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Project To Enhance Macroeconomic Mgt Kicks Off - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/12\/03\/project-to-enhance-macroeconomic-mgt-kicks-off\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Project To Enhance Macroeconomic Mgt Kicks Off - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Dignitaries at the event \u00a0 The Africa Capacity Building Foundation (ACBF) has launched the Capacity Development for Africa\u2019s Structural Transformation (CADAST) project to enhance macroeconomic policy management, equipping the national and regional institutions with training and technical assistance. 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