Nairobi based African Economic Research Consortium has received Sh700 million to strengthen the capacity of academic institutions in terms of staff skills and equipment.
African Development Bank (AfDB) said the grant will enable closer interaction between the research firm and graduate students, researchers, educators, universities, policymakers, policy institutions, non-state actors, such as the private sector and civil society within Africa.
AfDB Regional Director Mr Gabriel Negatu said the bank planned to harness locally sourced knowledge to build technologies that would help transform Africa into a job creator offering equal opportunities for all and also boasts of a competitive workforce.
“AERC provides a great platform for students in the region to be well trained, and for researchers to conduct quality research in key areas that will drive Africa’s transformation,” said Mr Negatu.
Speaking during the ceremony in Nairobi, AERC Executive Director Professor Lemma Senbet described the grant as a momentous achievement that solidifies sustainability of AERC’s programmes spanning policy-oriented research, collaborative graduate training and policy outreach.
He said this would help them build capacity within institutions and among individual researchers thereby helping ignite interest in governance research.
Benefiting individuals and institutions will be drawn from AfDB-eligible countries, with a view to fostering structural transformation via strengthening of institutions to provide a conducive atmosphere to train Master’s and PhD graduates as well as quality research.
“Institutions’ capacity to deliver quality training and research in a sustained and active network of African universities will be better than before, while providing policymakers with enhanced knowledge as an input to improved policymaking,” said the statement.