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HomeNews & EventsBiannual Research Workshop - Port Louis, Mauritius, 3-6 June 2018

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Biannual Research Workshop - Port Louis, Mauritius, 3-6 June 2018

African Economic Research Consortium (AERC) is pleased to announce the next Biannual Research Workshop to be held in Port Louis, Mauritius from 3-6 June 2018. The Biannual is unique - combining learning-by-doing research, peer review, mentoring and networking to build and strengthen the capacity of African researchers. The workshop brings together many economists from around the African continent and globally fulfilling one of our major mandates – to strengthen local capacity for conducting independent, rigorous inquiry into problems facing the management of economies in sub-Saharan Africa

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AERC Appoints Incoming Executive Director - Kenya’s Former Central Bank Governor, Prof. Njuguna Ndung’u, to assume role September 1, 2018

26 April 2018, Nairobi, Kenya -- The Board of Directors and Management of the African Economic Research Consortium (AERC) are pleased to announce the appointment of Prof Njuguna Ndung’u as the next AERC Executive Director effective September 1, 2018.

Njuguna Ndung’u is well known to the AERC network as a trainer and researcher; having served as the AERC Director of Training in the period 2003-2007. Njuguna Ndung’u is coming back to the AERC family with a wealth of policy making experience to take this precious African success story to the next level of excellence.

Over the years, Njuguna Ndung’u has held a variety of policy, academic, and advisory positions. He is the immediate past Governor of the Central Bank of Kenya (CBK), where he successfully completed the full two 4-year terms, 2007-2015. His tenure saw the rapid rise of Kenya in the financial inclusion space with global recognition stemming from the pioneering and transformative M-Pesa”. 

Read more: AERC Appoints Incoming Executive Director - Kenya’s Former Central Bank Governor, Prof. Njuguna...

Rethinking Regional Integration in Africa

AERC and Bank of Uganda Hosted a Two Day Policy Seminar

 14 March 2018, Entebbe, Uganda- - The African Economic Research Consortium (AERC) held its twentieth senior policy seminar from March 12-13 at the Lake Victoria Serena Hotel in Kampala, Uganda, in partnership with the Bank of Uganda. Rt Hon. Dr Ruhakana Rugunda, Prime Minister, Republic of Ugandawas the Chief Guest at the opening of the Plenary. The welcoming remarks were by Prof. Lemma W. Senbet, AERC Executive Director, andProf. Emmanuel Tumusiime-Mutebile, Governor, Bank of Uganda made the opening remarks. The conference featured four presentations by thought leaders on the subject of regional integration. After two days of dialogue amongst policymakers, researchers, civil society and private sector participants, the following Communique was agreed to:


Senior African Policy Makers Reaffirm the Critical Role of Regional Integration in Economic Transformation of African Economies

At the Senior Policy Seminar XX, held in Entebbe, Uganda, on 12-13 March 2018, and hosted by the African Economic Research Consortium (AERC), in partnership with the Bank of Uganda on the theme: Rethinking Regional Integration in Africa, Senior Policy Makers and other stakeholders, private sector, international organizations, academia and civil society, from around the continent adopted a declaration as an affirmation of their strong commitment to accelerating regional integration in Africa.

Declaration, Entebbe, March 13, 2018

We, African Senior Policy Makers and private sector actors assembled here at the AERC Senior Policy Seminar XX, held in partnership with The Bank of Uganda,

Recognizing the challenges that Africa is facing, especially demography (esp. youth employment challenges), geography (many landlocked countries), empowerment of women, climate change, limited diversity of African economies, among others;

Also recognizing that regional integration is lagging behind the Abuja Treaty time lines;

Further recognizing that regional integration should be thought of in its broadest and dynamic sense, including among other things, integration of goods and services markets, financial markets, labour markets and at all levels of society;

Also recognizing that deepening regional economic integration in Africa will require concerted and coordinated efforts, considerable financial resources, communication and sensitization efforts, particularly private sector and civil society and strong political will and commitment from African governments, subsidiarity and readiness to share accountability and responsibility;

Commending the vision and commitment of African Heads of State and Government to the integration agenda, as affirmed by their adoption of the Abuja Treaty of 1991, which became effective in 1994, that lays out the path to an integrated Africa;


Also Commending the African Union on its drive for a Continental Free Trade Area (CFTA), free movement, and single air transport market;

Having also noted the progress made to date in regional integration, beginning with the formation of the eight Regional Economic Communities (RECs) which have greatly enhanced trade and integration within the blocks, and that will serve as building blocks for the African Economic Community;

Further having noted the need to prioritize and harmonize policy, regulatory and governance frameworks across the continent, and the need to implement agreed integration pacts;

Mindful that private sector ought to be at the centre of regional economic integration, and underlining the need to foster alliances between states, private sector, women, youth and civil society actors in order to enhance economic governance for job creation;

Also mindful that, although deepening integration generates large economic gains overall, there is need to ensure the benefits are shared equitably to ensure inclusive growth and development, thus requiring mechanisms and institutions to shield vulnerable groups and populations, including women and youth;

Acknowledging the fact that all African countries are members of at least one regional economic block,

1. Affirmthat regional integration is a fundamental pillar for Africa to realize her development aspirations as articulated in the SDGs and the African Union Agenda 2063;

2. Further affirm the need for political and economic stability and harmonious regulatory frameworks and governance mechanisms to deepen regional integration, especially enhancing regional infrastructure (roads, rail, energy, ICT, water), easing movement of goods and services across borders, facilitating movement of people and service providers across national boundaries;

3. Commend the critical role of African Economic Research Consortium (AERC) in capacity building for promoting evidence-based policies and generating the knowledge basis for decision making on such key economic policy issues as regional integration;

4. Recognize that many well-meaning declarations and strategies have largely not been fully executed, in part owing to the absence of mechanisms and institutions to address the varying and differing interests, costs and benefits, call for immediate action, and a sense of urgency in deepening African integration.

5. Further recognize that financial integration is essential for regional integration, thus the need for consolidation of disparate financial markets, including stock exchanges to finance major integration projects, and recognition of the central and enhanced role and leadership of regional development banks;

6. Commit to undertake policy dialogue and consultations within our own governments, private sector institutions and civil society organizations to identify and address all barriers to intra-Africa trade (including trade in services), improve trade logistics, and ease movement of persons to scale up intra-African cooperation and boost regional industrialization and trade, and thus improve the welfare of our people.


7. Acknowledge African Economic Research Consortium and the Bank of Uganda for organizing this highly productive seminar. 


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AERC Has ‘Most Significant Impact on Public Policy in Africa’ Ranked #1 by the “Go To Think Tank Index Report”

Ranked #1 by the “Go To Think Tank Index Report”

19 March 2018, Nairobi, Kenya - - African Economic Research Consortium (AERC) has been ranked number one for having the most significant impact on public policy in Africa, according to the Global Go To Think Tank Index Report released by the Think Tanks and Civil Societies Program (TTCSP). AERC is listed first in this category in sub-Saharan Africa (SSA) and ranked 28 globally. Moreover, AERC is separately listed in other categories, including Top Think Tanks Worldwide (Non-US); Top Economics Think Tanks Worldwide; Greatest Independent Think Tanks Internationally; Top International Development Think Tanks; and Best Quality Assurance, Integrity Policies and Procedures.

The announcement was made during the launch of the 11th edition of the Global Go To Think Tank Index which identifies and indexes over 7,500 think tanks and other civil society actors worldwide in various categories. The research was conducted by the TTCSP. 

“AERC works hard to adhere to best global practices in everything we do, and it is reassuring that our best efforts are receiving global recognition,” said AERC’s Executive Director, Prof Lemma W. Senbet. “While it is gratifying that we are getting high global ratings as part of think tank rankings, it is imperative to note that AERC is not just a think tank. It is a think tank plus; with numerous arms, including research, training, and policy outreach, with a substantial emphasis on capacity building. Its products are visible round the continent, including numerous governors of central banks and high level policy officials,” Professor Senbet added.

Since its inception in 1989, the TTCSP has focused on collecting data and conducting research on think tank trends and the role think tanks play as civil society actors in the policymaking process. These international collaborative efforts are designed to establish regional and international networks of policy institutes and communities that improve policy making while strengthening democratic institutions and civil societies around the world. TTCSP works with leading scholars and practitioners from think tanks and universities in a variety of collaborative efforts and programs. It produces the annual Global Go To Think Tank Index that ranks the world’s leading think tanks in a variety of categories. This is achieved with the help of a panel of over 4,000 peer institutions and experts from the print and electronic media, academia, public and private donor institutions, and governments around the world.

About African Economic Research Consortium (AERC)

Established in 1988, African Economic Research Consortium is a premier capacity building institution in the advancement of research and training to inform economic policies in sub-Saharan Africa. AERC’s mission rests on two premises: first, that development is more likely to occur where there is sustained sound management of the economy; second, that such management is more likely to happen where there is an active, well-informed cohort of locally-based professional economists to conduct policy-relevant research. AERC builds that cohort through a programme that has three primary components: research, training and policy outreach. The organization integrates high quality economic policy research, postgraduate training and policy outreach within a vast network of researchers, universities and policy makers across Africa and beyond. Learn more at www.aercafrica.org and follow us on Twitter @aercafrica.




Foresight Africa: Top Priorities for 2018



The Brookings Institution Africa Growth Initiative (AGI), African Economic Research Consortium (AERC) and the Kenya Institute for Public Policy Research and Analysis (KIPPRA), had a joint launch of AGI’s flagship report titled, Foresight Africa: Top Priorities for 2018 in Nairobi, Kenya on Thursday, January 25, 2018 at Crowne Plaza Hotel. The Chief Guest was Hon. Henry Rotich, Cabinet Secretary, National Treasury, Kenya.
This sitting featured opening statements by the Chairman of the session, Prof. Njuguna Ndung’u, former Governor, Central Bank of Kenya, and welcoming remarks by Prof. Lemma Senbet, AERC Executive Director, and Dr. Rose Ngugi, KIPPRA Executive Director, and then a keynote speech by Hon. Rotich. Presentation of key messages from the report were made by AGI Director, Dr. Brahima Coulibaly. A public/private sector policy roundtable that was also scheduled later concluded the activities for the day.  

Read more: Foresight Africa: Top Priorities for 2018


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