The African Professionalisation Initiative (API) is an opportunity to grow the capacity of public sector accountancy professionals through partnership with various stakeholders, with the aim of achieving greater accountability and transparency in the African public sector.
The stakeholders include among others – The African Union, IFAC, INTOSAI, PAFA, AFROSAI-E, CREFIAF, ESAAG, AAFA, DFID-UK, SIDA, AfDB, GIZ are some of API’s key stakeholders. The API is a beacon of opportunity to serve the public interest by contributing to enhanced accountability and transparency in the African public sector thereby creating significant public value (Socio economic development – AfCFTA (Trade and investment); UN-SDGs; AU Agenda 2063).
We (API) aim to realise an African Public Sector capacitated by competent, ethical and influential professionals who support accountability, transparency and good finance governance – Thereby driving realisation of Africa Continental Free Trade Area (AfCFTA) – e.g. Mobility for quality accountancy professionals across Africa) and the AU Agenda 2063 aspirations , with particular focus on Aspirations 1, 3 and 6.
The API recently held its first Interim Oversight Board (IOB) hybrid meeting-hosting both in person and virtual participants- from 27 to 30 June 2022 in Victoria Falls Zimbabwe. The IOB is the highest governance structure of the API and is charged with overall governance of the API which includes provision of the strategic direction for the organisation. The meeting afforded the IOB with an opportunity to engage on key matters affecting the initiative. The meeting agenda focused on receiving feedback from the API Secretariat and the committees that oversee the work of the API.
The meeting was held on the sidelines of the PAFA Annual General Meeting and the PAFA PAOs Leadership forum. The gathering of PAOs from across Africa afforded the API an opportunity to present the vision, objectives and benefits of the API to the leadership of professional accountancy organisations (PAOs).
The API will grow the capacity of accountancy professionals (Accountants and Auditors) in the African Public Sector in order to enhance service delivery and realise national development visions that will translate into a more prosperous African continent. Great interest was shown by PAOs present with some making a commitment to take part in the API program.
For more information on the API send an email to: email@example.com