Overview
Economic growth is not enough to drive the change that Africa needs. For countries to truly develop – to reduce poverty, build good infrastructure, educate our young people and create decent jobs – it needs to transform. Our recipe for transformation is growth with DEPTH. This is growth underpinned by Diversified production and export structures, enhanced Export competitiveness, increased Productivity, and promotes Technological advancements, all in service of improved Human well-being. Transformation creates resilient economic systems that can withstand shocks like pandemics, climate disasters, economic downturns, and more.
Through our work on Economic Management & Governance, we are establishing and sustaining growth with DEPTH as a leading economic development paradigm in Africa. We also help governments develop and implement public policies and investments that provide supportive infrastructure and services and maintain a regulatory environment conducive to creative entrepreneurial activity. Through our fellowship programs and participation in national and international consortiums, we are forging effective partnerships between public institutions and the private sector.
Key Contacts
Programs
Pan-African Coalition for Transformation (PACT)
PACT rallies governments and key policymakers to come together and apply pressure on a continental level to implement policies for transformation at both the national and continental level.
Compact with Africa (CwA)
To address governance challenges, we have organized several peer learning events as part of the Compact with Africa (CwA) initiative and the German Reform Partnership (RP) Program.
Compact for Economic and Political Transformation in Ghana
Ghana’s economic and political transformation requires a cohesive vision and concerted implementation that supersedes political parties and ideologies.
Featured Reports & Studies
Featured Insights & Ideas
Upcoming Events
Past Events
Policy Roundtable: Financing solutions for African countries
Policy Roundtable: Financing solutions for African countries
This roundtable aims to discuss African priorities and proposals for dealing with debt, scaling up financing for development, and building momentum in various forums (both formal and informal, such as the G20) to make meaningful progress over the next two years.
An African Action Agenda for Global Financial Reform
An African Action Agenda for Global Financial Reform
The African Center for Economic Transformation (ACET), in collaboration with the Finance for Development Lab, ONE Campaign, and the UN Economic Commission for Africa, is proud to host an insightful event titled "An African Action Agenda for Global Financial Reform." Thi...
Africa after COVID-19: Resetting Policy Priorities to Transform Economies
Africa after COVID-19: Resetting Policy Priorities to Transform Economies
Sustained economic transformation requires that economies are built to resist shocks and to recover quickly, especially in light of the COVID-19 pandemic. The onset of the pandemic in 2020 has brought further challenges to Africa’s economic development efforts by not ...
Recent Reforms to the PRGT – Responding to the Crisis and Beyond
Recent Reforms to the PRGT – Responding to the Crisis and Beyond
The Center for Global Development and the African Center for Economic Transformation are hosting a public event on the recently reformed policies governing the use of the Poverty Reduction and Growth Trust (PRGT).
Commentary
For Africa’s poorest countries, it’s time for transformation
Countries around the world are struggling to make ends meet—none more so than the poorest in the world, which have been caught in a cycle of debt, crisis, pandemic, and fragility that seems nearly impossible to escape.
Featured global financial architecture Governance