Like many other development enthusiasts on the African continent, I was shocked by the recent disclosure made by Prof. Kevin Chika Urama, Vice President of the African Development Bank Group (AfDB), that African countries lose almost $90 billion in illicit financial flows annually and much more in illicit resource flows and resource theft, poorly implemented Read More…
Tag: Economic Governance
AfDB’s PFMA graduates emerge as torchbearers in Africa’s fiscal management
Public Finance Management Academy sees inaugural cohort’s graduation ceremony with a focus on accountability, transparency, and economic governance. Prof. Kevin Chika Urama, Chief Economist and Vice President of the African Development Bank Group, lauded the significant milestone at the graduation ceremony of the first cohort of the Public Finance Management Academy (PFMA) for Africa. The Read More…
AfDB launches groundbreaking report on Africa’s macroeconomic models
In a landmark development, the African Development Bank (AfDB) Group unveiled its inaugural report titled “Benchmark Macroeconomic Models for Effective Policy Management in Africa.” Prof. Kevin Urama, the Chief Economist and Vice-President of Economic Governance and Knowledge Management at AfDB, introduced the report during the African Economic Conference (AEC) held in Addis Ababa, Ethiopia. According Read More…