MEFMI Undertakes a Consultative Mission to Angola and Namibia

MEFMI is mandated to build human and institutional capacity in macroeconomic and financial management among client institutions in its member countries. To ensure that MEFMI capacity-building interventions meet the needs of client institutions, it is part of MEFMI’s strategy to monitor the participation of client institutions in capacity development activities, and continually engage with the client institutions in the member countries to appreciate their capacity needs and challenges.

After internal deliberations and the analysis of feedback contained in the Back to Office Reports (BTORs), MEFMI management noted low participation in capacity-building activities among some of the client institutions in member countries, notably Angola and Namibia. Against this background the Institute undertook a mission to Angola and Namibia to appreciate the capacity needs and challenges of these client institutions to enable MEFMI to serve them better.

The specific objectives of the mission to Angola and Namibia were to consult with the two countries on their capacity needs and challenges, as well as promote the MEFMI Business Development Unit’s capacity development activities to commercial banks in Angola and Namibia.

The mission yielded outcomes that are critical in improving the scope, content, and delivery of the MEFMI capacity-building activities to the client institutions in the member countries. The mission helped to understand the cause of low participation by client institutions in Angola and Namibia. This is critical in aiding MEFMI to make informed decisions and devise informed remedial measures.

During the mission, two consultative meetings were held in Angola, one with Banco Nacional de Angola (BNA) and the other with Commercial Banks registered and operating in Angola. BNA and Commercial Banks were represented by 6 officials (3 males and 3 females) and 32 officials (15 males and 17 females) respectively. For the meetings in Namibia, the Bank of Namibia (BON), Ministry of Finance & Public Enterprises, and Commercial Banks in Namibia were represented by 6 officials (3 males and 3 females), 4 officials (2 males and 2 females), and 7 officials (1 male and 6 females) respectively.

The mission to the two countries was led by the MEFMI Executive Director, Dr. Louis Kasekende who was accompanied by the Programme Manager responsible for Planning, Monitoring, and Evaluation, Mr. Casius Chuma.

By Casius Chuma