A Regional Technical Assistance Centre for Southern Africa (AFRITAC South) has officially opened in Port Louis, Mauritius. AFRITAC is the fourth Regional Technical Assistance Centre established in Africa under the International Monetary Fund's Capacity Building Initiative for Africa. Three other centres are already operational in Tanzania, Mali, and Gabon, and another is planned in West Africa. To the IMF, this is an important milestone in its response to the call from African leaders, including under the African Union's New Partnership for Africa's Development (NEPAD), to develop capacity building and help African countries to meet their economic and development challenges.
Posted to web:
28 October 2011