The African Center for Economic Transformation (ACET)

African Center for Economic Transformation logo

The African Center for Economic Transformation (ACET) is a Pan-African economic policy institute supporting Africa’s long-term growth through transformation. We produce research, offer policy advice, and connect key stakeholders so that African countries are better positioned for smart, inclusive, and sustainable development. To make this happen, we work closely with governments, business leaders, and development partners to strengthen countries’ transformation agendas. Our vision is an economically transformed Africa within a generation.

Recent Posts

Amplifying Africa’s Voice – Global Financial Architecture, MDB Reform and Climate Finance

November 25, 2022

On November 15, ACET and Finance for Development Labs (FDL), in collaboration with the Transformation Leadership Panel (TLP), launched the Amplifying Africa’s Voice initiative, which seeks to amplify Africa’s voice in the dialogue on reforming the global financial architecture. About the Initiative The Amplifying Africa’s Voice initiative will support a process of engagement, knowledge sharing, research, and advocacy with a select group of African economic policy institutes and thought leaders. This process will lead to a better understanding of, and appreciation for, the global financial architecture challenges. It will also lead to [...]

Read More

Confronting the climate emergency with climate, trade and development policy in sync

November 17, 2022

One of the defining features of climate negotiations is the emphasis on aligning climate and development goals. The three long-term goals of the Paris Agreement – mitigation of warming, adaptation to impacts and climate-consistent finance – are all pledged “in the context of sustainable development and efforts to eradicate poverty”. If we fail on climate, we will fail on development. But if we fail on development, we will also fail on climate because people and countries will – rightly – continue striving to improve their quality of life through any [...]

Read More

Amplifying Africa’s Voice in Reforming the Global Financial Architecture

November 4, 2022

ACET and the new Finance for Development Lab, with the support of the Transformation Leadership Panel, are launching a new initiative to enhance Africa’s voice on needed changes to the global financial architecture. Following the COVID-19 crisis, the Ukraine war, and the growing fight against inflation in rich countries, the global economy is heading for years of weak growth, rising prices, and high interest rates. These developments have destabilizing consequences for low and lower-middle-income economies, and especially so in the Sub-Saharan Africa (SSA) region. Many of these countries already face or will soon [...]

Read More

A United Front: John Asafu-Adjaye on Africa at COP27

November 3, 2022

John Asafu-Adjaye, ACET Senior Fellow and climate & agriculture specialist, talks about the common African concerns, demands, and expectations at the upcoming climate conference in Egypt. African countries are expected to speak with one voice at COP27 in Egypt this month. What are the top concerns and demands that African negotiators will bring to the climate conference? John Asafu-Adjaye: At the top of Africa’s agenda at Sharm el Sheikh will be a push to unlock the pledges that were made by the wealthy countries at COP15 in Copenhagen. This includes the [...]

Read More