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African Corporate Governance Network
African Corporate Governance Network (ACGN)
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The ACGN is a collaborative network of director membership organisations that promote effective corporate governance on the African continent and has 19 members and 9 affiliate members from 19 African countries representing over 20,500 senior executives and directors across the continent.
Programme Focus
The ACGN provides policy makers and market participants with an important forum to exchange experiences and best practices aimed at addressing ongoing corporate governance challenges in Africa.
Challenges and Potential Solutions
The growing trend of inter-continental business transactions and the increase in the flow of FDI in Africa highlights the importance of economic and corporate governance in the continent. It has become imperative to develop and implement Africa-wide corporate governance guidelines at par with global standards and best practice to enable the African corporate sector to fully participate and contribute to African economic development.
2019 - 2020 Activities
The ACGN continued to focus on its most pressing issues related to funding sustainability via a review of the membership criteria and amendments to its Governance structures through a comprehensive constitutional review. The NBF provided strategic advisory support to the ACGN. The NBF undertook the ACGN Constitutional review which culminated into a new ACGN Constitution which was adopted unanimously by the ACGN at its meeting on 21 July 2020.
Financial Advisory Services
As part of the NBF’s Project Management Unit (PMU), the organisation also provides financial advisory services for development projects.
