AfDB & AFROSAI to Host African Auditors-General in Tunis

28/04/2008
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Tunis, 25 April 2008 – The African Development Bank (AfDB) Bank Group, in collaboration with the African Organization of Supreme Audit Institutions (AFROSAI), will host a Workshop on the "Challenges and Opportunities for Supreme Audit Institutions (SAIs) in Africa" from 28 to 30 April in Tunis.

This workshop will be held on the occasion of AFROSAI Governing Board meeting on three sub-themes – the role of supreme audit institutions in increasing transparency and accountability in Africa, the role of donors in supporting supreme audit institutions in Africa and internal discussions of AFROSAI Governing Board.

The Director of the Bank Group’s Governance, Economic and Financial Reforms Department (OSGE), Gabriel Negatu, said the gathering will provide an opportunity to focus on the challenges and opportunities to strengthen external audit systems in Africa and the influence AFROSAI strategic plan, and the chance to receive inputs for the finalization of the AfDB-World Bank Strategy.

It will also encourage greater coordination among development partners in support of SAIs in Africa, embracing the spirit of the Paris Declaration on Aid effectiveness which expressed the commitment to strengthen country systems and to coordinate support to obtain enhanced development impact at the country level, Mr. Negatu emphasized.

Supreme Audit Institutions (SAIs) perform the external audit of public sector bodies and constitute a key pillar in the system of financial acaccountability in most countries and as such, constitute a potent force for improving transparency in fiscal management and accountability in financial governance.

The AFROSAI is an independent professional organization of African Auditor Generals which aims at promoting and developing the exchange of ideas among the SAIs of the African states to help them reach the level of audit performance necessary to meet their challenges and fulfil their mandates. It intervenes in a wide array of areas of relevance to its members, from promoting training and specialization of staff, to promoting standardization of principles, procedures and financial terminology in public finance auditing with a view to achieving regional integration in Africa. The Organisation recently developed its first Strategic Plan and Implementation Action Plan with the support of the AfDB group. 

The AfDB and the World Bank are, in the spirit of the Paris Declaration on Aid Effectiveness, developing a joint strategy to support and strengthen SAIs in Africa. This strategy will strengthen synergies between the two institutions, as well as between other donors and partners, to facilitate harmonized approaches and interventions based on comparative advantages and added value.

The Tunis workshop will, therefore, offer an additional opportunity to explore concrete possibilities of cooperation among and between donors and African supreme audit institutions. 

In addition, the AfDB supports country financial control and auditing systems in regional member countries through a variety of modalities, mainly through Institutional Support Projects, Budget Support operations and small grants. Through complementary aid modalities, OSGE seeks to enhance the synergies between aid instruments and, ultimately, the impact of Bank’s interventions in any given country, at the policy, institutional and organizational levels.

More than 25 regional member countries (including Burkina Faso, Côte d’Ivoire, Djibouti, Mali, Gabon, Morocco, Burundi, Cape Verde, Ethiopia, Uganda,  among others,  currently benefit from Bank Group’s support to improve financial control and audit systems and standards.


Contacts

Felix Njoku Phone: +216 71 10 26 12