High-Level Conference on the Promotion of Good Governance and Fight against Corruption

March 12, 2020 - Accra, Ghana

The High-Level Conference on the promotion of good governance and fight against corruption is organized by the African Union Commission (AUC) and the International Monetary Fund's (IMF) Africa Training Institute. The conference will take place as a full-day side event of the 4th session of the African Union (AU) Specialized Technical Committee (STC) on Finance, Monetary Affairs, Economic Planning and Integration planned over March 9-14, 2020.

The conference responds to calls from within Africa to advance governance reforms and ramp up the fight against corruption, which are seen by regional stakeholders as critical to improved macroeconomic performance, effective institutions and inclusive development. The AUC and the IMF have also given governance and anti-corruption efforts an increasingly higher level of priority in their work, and within the scope of their respective mandates.

More specifically, the conference will offer a platform to discuss progress in the continent on strengthening governance and tackling corruption, present the IMF’s new framework for enhanced engagement and discuss its implications on the IMF’s lending, surveillance, and capacity development operations. The specific objectives of the conference include (i) discussing reforms of governance and anti-corruption frameworks in the continent, (ii) discussing the AUC strategy and the IMF framework on governance and corruption; (iii) building consensus on the macro-critical impact of poor governance and corruption and their transmission channels, and (iv) disseminating key IMF and AUC findings on governance and corruption issues, including the 2019 Fiscal Monitor (Curbing Corruption) and the anti-illicit financial flows Working Group (IWG) of the Consortium to stem IFFs from Africa.

Concept Note

Agenda (Tentative) 
Thursday, March 12, 2020
08:30 - 10:10  Opening Ceremony
08:30 - 08:40  Welcome Address
• Hon. Ken Ofori-Atta, Minister of Finance and Economic Planning of Ghana
08:40 - 9:00  Keynote Address
• Mr. Thomas Kwesi Quartey, African Union Commission (AUC) Deputy Chairperson

"Winning the fight against corruption: A sustainable path to Africa’s transformation".

The African Union (AU) dedicated the year 2018 to the fight against corruption. The speech will focus on the AU plan to help member states fight poor financial governance that affects the inclusive development of the continent.
09:00 - 09:20  Keynote Address
• Mr. Mitsuhiro Furusawa, International Monetary Fund (IMF) Deputy Managing Director

The macroeconomic impact of governance and corruption issues: Framing the Policy Issues and Presenting the New IMF Framework for Enhanced Engagement on governance and corruption issues.

The speech will focus on how the Fund’s new framework on governance and corruption issues can help its membership put in place strong governance arrangements for enhanced macroeconomic performance. It will shed light on the work by the Fund’s Regional Capacity Development Centers (RCDC), including Africa Training Institute (ATI).
09:20 - 09:40 Coffee / Tea break and Group photo
09:40  - 11:10

Session I: Helping African Countries Reap the Governance Dividend
Chairpersons
• Hon. Dr. Ernest Kwamina, Governor, Central Bank of Ghana

Speaker
• Prof. Eddy Maloka, African Peer Review Mechanism

Discussants
• Hon. Dr. Uzziel Ndagijimana, Minister of Finance of Rwanda
• Hon. Dr. Thapelo Matsheka, Minister of Finance of Botswana
• Ms. Rhoda Weeks-Brown, Director, Legal Department, IMF
• Prof. Matthew Stephenson, Harvard University
• Mr. Abdoul Aziz Wane, Director, Africa Training Institute, IMF
• Ms. Cessouma Minata Samate, AUC Commissioner for Political Affairs

This session will articulate the positive impacts of improved governance in the continent. It will offer the AUC and the IMF an opportunity to present their strategy on governance and corruption issues.

11:20 - 12:50 Session II: Curbing Illicit Financial Flows (IFFs)

Chairperson
• Hon. Prince Clem Ikanade Agba, Minister of State, Nigeria

Speaker
• Mr. Patrick Njoroge, Governor, Central Bank of Kenya

Discussants
• Mr. Yandraduth Googoolye, Governor, Central Bank of Mauritius
• Mr. Kevin Fletcher, Advisor, IMF Strategy Policy and Review Department
• Mr. Ceda Ogada, Deputy Director, IMF Legal Department
• Mr. Victor Harison, AUC Commissioner for Economic Affairs
• Mr. Alvin Mosioma, Executive Director, Tax Justice Network Africa
• Dr. Mu’Azu Umaru, Director Research and Planning, Inter-Governmental Action Group against Money Laundering in West Africa (GIABA)

This session will discuss measures to curb IFFs, including sound Anti-Money Laundering (AML)/ Combatting Financing of Terrorism (CFT) frameworks, and the implementation of programs such as Stolen Asset Recovery and Repatriation (SARR). It will offer a forum to present the AUC report on Domestic Revenue Mobilization: A fight against corruption.
12:20 - 12:50  Press Conference
12:50 - 13:50  Lunch
12:50 - 13:50 Leveraging technology to improve governance: Presentation by Sierra Leone’s Governance Innovation team

Speaker
• Sierra Leone Governance Innovation Team

The team will present its proposals on digitization of assets declarations and detection and analysis of suspicious transactions to fight AML/CFT.
13:50 - 15:30 Session III: Break-out Sessions – Key Policy Areas on Governance and Corruption Issues Facing the Continent

Sub-theme 1: Key Issues in Fiscal Governance
Chairperson

• Hon. Mohamed Benchaaboun, Minister of Economy and Finance, Morocco

Speaker
• Mr. Abdelhak Senhadji, Deputy Director, IMF Fiscal Affairs Department

Discussants
• Hon. Prince Clem Ikanade Agba, Minister of State, Nigeria
• Mr. Logan Wort, Executive Secretary, African Tax Administration Forum
• Mr. Neil Cole, Executive Secretary Collaborative Africa Budget Reform Initiative (CABRI)
• Hon. Ken Ofori-Atta, Minister of Finance and Economic Planning of Ghana
• Mr. Alex Segura-Ubiergo, Advisor, IMF African Department
• Ms. Charity H. Nchimunya, Executive Secretary, AU Advisory Board on Corruption

This session will discuss the benefits of strengthening fiscal governance. Following an overview of the elements of fiscal governance, reform experiences within or outside the region will be discussed. The experiences will cover the areas of public financial management, revenue administration, and SOE oversight.
13:50 - 15:30

Sub-theme 2: Key Issues in the Financial Sector
Chairperson
• Mr. Abbas Mahamat Tolli, Governor of the Bank of Central African States (BEAC)

Speaker
• Mr. Mohammed Nyaoga, Chairman of the Board of Directors of the Central Bank of Kenya

Discussants
• S.E. Mme. Seynabou Ndiaye Diakhaté, President, OFNAC (Office National de lutte contre la Fraude et la Corruption), Senegal
• Mr. Michael Atingi-Ego, Executive Director, MEFMI
• Ms. Fabiana Melo, Deputy Chief MCM, IMF
• Mr. George Mubanga Kabwe, Division chief, IMF Finance Department

This session will allow a discussion of the findings of the governance assessments relating to the financial sector. The discussions will cover the quality of regulatory and supervisory frameworks, Central Banks’ legal frameworks, external and internal audit, reporting, internal controls. Central Bankers will have an opportunity to share their experience on measures that could boost financial governance.

13:50 - 15:30
Sub-theme 3: Key Issues in Anti-Corruption Frameworks
Chairperson

• Mr. Moses Dinekere Pelaelo, Governor of Central Bank of Botswana

Speaker
• Prof. Robert Klitgaard, Claremont Graduate University

Discussants
• H. E. Roger Nkodo Dang, President, Pan African Parliament
• Prof. Matthew Stephenson, Professor, Harvard University
• Mr. Paul Banoba, Regional Coordinator, Transparency International
• Mr. Navin Beekarry, Director, Independent Commission Against Corruption, Mauritius
• Mr. Sebastiaan Pompe, Senior Legal Counsel, IMF Legal Department
• Ms. Monique Newiak, Resident Representative, IMF
• Dr. Eliawony Kisanga, Executive Secretary, Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG)

This session will allow a discussion of the findings of the governance assessments and other works done by the IMF and the AU on robust anti-corruption frameworks.
15:30 - 15:45 Coffee/Tea break
15:45 - 17:30 Session IV (Plenary): Takeaways and Next Steps
Chairpersons

• H. E. Mr. Jean-Claude Kassi Brou, President of the ECOWAS Commission
• H. E. Ms. Chileshe Kapwepwe, Secretary General of COMESA
15:45 - 16:30 Sub-theme 1: Takeaways from African Policymakers

• Mr. Abdoulaye Coulibaly, Director, Governance and Public Finance Management Department, African Development Bank

The speaker will summarize discussions on anti-corruption frameworks, IFFs and SARR. He will identify strong points and gaps in the existing frameworks to curb IFFs and recover and repatriate stolen assets. These strong points will cover anti-corruption agencies, beneficial ownership issues, and asset declarations regimes.

• Mr. Tiémoko Meyliet Koné, Governor of the Central Bank of West African States (BCEAO)

The speaker will summarize discussions on financial sector governance and AML/CFT frameworks. These will cover the quality of regulatory and supervisory framework, central banks’ legal framework, external and internal audit, reporting, internal controls. The speaker will also identify key areas where capacity building would be required.

• Hon. Ken Ofori-Atta, Minister of Finance and Economic Planning of Ghana
• Hon. Mr. Tito Mboweni, Minister of Finance of South Africa
• Hon. Mr. Mohamed Ahmed Maait, Minister of Finance of Egypt

The speakers will summarize discussions on fiscal governance. They will identify good practices in the continent and beyond, and measures that could help enhance revenue mobilization.
16:30 - 17:00 Sub-theme 2: Takeaways by IMF and AUC and Next Steps

• Mr. Victor Harison, AUC Commissioner for Economic Affairs

The speaker will summarize discussions from AUC’s perspective and indicate next steps for the AUC on IFFs and SARR and avenues for collaboration with the IMF on governance issues.

• Mr. Zeine Zeidane, Deputy Director, IMF African Department

The speaker will summarize discussions from the IMF’s perspective and indicate next steps for the Fund’s work on governance and corruption issues and opportunities for collaboration with the AUC.
17:00 - 17:15 Discussion of the joint press release