In a successful effort to propel transitional African economies towards stability and growth, the African Development Bank’s Financial Modelling for the Extractives (FIMES) project has showcased remarkable results, as representatives from eight African countries benefiting from FIMES concluded a final learning workshop in Abidjan last Thursday.
Coming from Guinea, Liberia, Madagascar, Niger, Sierra Leone, South Sudan, and Zimbabwe, the participants shared their experiences around the programme launched in 2020 for two days.
FIMES is a multi-country project funded by the African Development Bank Group’s Transition Support Facility and implemented by the African Natural Resources Management and Investment Centre (ANRC). The project will strengthen capacity for financial modelling and domestic tax revenue mobilisation. It also boosts the institutional capacity and resilience of seven beneficiary transitional countries, Guinea, Liberia, Madagascar, Niger, Sierra Leone, South Sudan, and Zimbabwe.
Source: Devdiscourse