MEFMI in brief

The Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) is a regionally owned institute currently with 13 member countries: Angola, Botswana, Kenya, Lesotho, Malawi, Mozambique, Namibia, Rwanda, Swaziland, Tanzania, Uganda, Zambia and Zimbabwe.

Background

During the 1980s and 1990s, many countries in the Africa region faced entrenched problems in the capacity for debt and reserves management as well as macroeconomic management.  In response, senior economic officials and financial managers in Eastern and Southern Africa launched the Eastern and Southern Africa Initiative in Debt and Reserves Management (ESAIDARM) in 1994, whose mandate was later broadened to cover macroeconomic and financial management issues and renamed the Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI) in 1997.

Our Vision

To be the centre of excellence that provides sustainable capacity building in macroeconomic and financial management.

Our Mission

To build sustainable human and  institutional capacity and foster best practices for prudent macroeconomic and financial management in central banks, ministries of  finance and of planning and other relevant institutions.

Our Values

Core values define the principles that an organisation believes in and will live by. For MEFMI, it identifies itself with five of them as follows:
Accountability:
Employees being responsible, transparent and answerable to themselves, peers and stakeholders on the work and services they provide.

Teamwork:
Working together and supporting each other for the success of the organization

Responsiveness:
Reacting appropriately to the needs of clients and other stakeholders in a timely manner.

Integrity:
Being credible and honest in our duties

Professionalism:
Demonstrating a high level competence and objectivity in providing services to clients

The Scope of MEFMI Activities

MEFMI activities put special focus on:
• Macro-economic management which deals with analysis of the economy, planning and forecasting.
• Financial Sector Management, which covers financial market development, foreign exchange reserves       management, regulation and supervision of financial institutions, payment systems and monetary policy implementation. 
• Sovereign Debt Management, which encompasses debt database development and management, institutional and legal aspects, analysis, policy and strategies.

• Fellows Development Programme which trains promising young professionals with the view to groom them into specialists / experts available to their countries and to the region.

The MEFMI client institutions are;
• Ministries of finance
• Ministries of economic development and planning or equivalent
• Central banks
• Other public institutions that interface with these core institutions.

The MEFMI target groups in all the beneficiary institutions are:
• Junior to senior professionals
• Heads of department / division, senior officials
• Top executives

Mode of Delivery

MEFMI delivers its products and services through the following;
• Courses / workshops for professionals
• Seminars for senior professionals
• Country missions
• Retreats for heads of relevant departments / divisions / units
• Special policy related studies
• Preparation of manuals and guidelines

MEFMI also conducts Executive Forum Series for networking amongst the following category of decision makers;

• Ministers of finance and planning and economic development and equivalent
• Secretaries to the treasury and permanent secretaries for finance and equivalent and their deputies
• Central bank governors and their deputies
• Human Resources Managers

At these events top level policy makers have the opportunity to exchange ideas and experiences among themselves facilitated by world class experts availed by MEFMI.

Cooperating Partners

MEFMI’s cooperating partners fall into three categories namely, Financial Cooperating Partners, Technical Cooperating Partners and Networking Partners.

Financial Cooperating Partners currently fund MEFMI’s capacity building activities to supplement member countries’ contributions.  The Financial Cooperating Partners are:
• The African Capacity Building Foundation (ACBF)
• Norway
• Sweden

Technical Cooperating Partners provide gratis or subsidised expertise, attachments and course attendance to staff and Fellows and other in-kind support to the capacity building programmes. The technical cooperating partners are;
• The World Bank (WB) and its institute (WBI), the International Monetary Fund (IMF) and its institute (IMFI), the Commonwealth Secretariat (COMSEC)

• The Bank for International Settlements (BIS) and its Affiliate Committees, the African Development Bank (AfDB),  the Centre for Central Banking Studies (CCBS) of the Bank of England Bank (BOE), FIRST Initiative

• The United Nations Conference on Trade and Development (UNCTAD), the Federal Reserves Bank of New York and the Federal Reserve Board, Financial Stability Institute (FSI), Africa Regional Technical Assistance Centre (AFRITAC)

In addition, some of the major international commercial banks such as the Bank of New York, State Street Global Advisors, Barclays Bank plc, the Standard Bank of South Africa, Bank of India and Reserve Bank of South Africa, have provided gratis expertise.

Networking Partners are organisations whose resource persons and other services are paid for by MEFMI.  They include the African Economic Research Consortium (AERC), Centre for International Development (CID) at Harvard University, Crown Agents, Debt Relief International (DRI), United Nations Institute for Training and Research (UNITAR) and National Treasury of South Africa.

MEFMI Secretariat

The MEFMI Secretariat is based in Harare, Zimbabwe.  The Secretariat is the principal vehicle for the design, delivery and administration of MEFMI programmes. An Executive Director heads the Secretariat.  MEFMI draws its staff mainly from related institutions in member countries on competitive recruitment basis.
 
MEFMI client institutions contact details;

ANGOLA
Banco Nacional de Angola
Avenida, 4 de Fevereiro
C.P. 1243, 151-Luanda
Republica de Angola
Tel: +244-222-393627,
342561, 332633, 339934
Fax: +244-222-337817
390579, 395885

Ministry of Economy
Rainha Ginga’s Street,
31 Building Torres
Elysee, First Floor, Luanda, Angola
Tel:244-222-393627, 342561,
332633, 339934
Fax+244-222-337817, 390579,395885

Ministry of Finance
Rua Amilcar Cabral, Largo da
Mutamba, Luanda
Republica de Angola
Tel: +244-222-335250,
338544/5, 332069
Fax: +244-222-335250,
334347, 395376

Ministry of Planning
C.P. 6542
Luanda
Republica de Angola
Tel: +244-222-333834, 393995
Fax: +244-222-396482

BOTSWANA
Bank of Botswana
Plot 17938 Khama Crescent
Private Bag 154
Gaborone
Botswana
Tel: +267-360-6597
Fax: +267-3990 1100

Ministry of Finance
and Development Planning
Private Bag 008
Gaborone
Botswana
Tel: +267-3950246, 3950346
Fax: +267-3956086, 3971254

KENYA
Central Bank of Kenya
Haile Selassie Avenue
P.O. Box 60000 - 00200
Nairobi
Kenya
Tel: +254-20-2861000, 2860000
Fax: +254-20-340192

Ministry of Finance
P.O. Box 30007 - 00100
Nairobi
Kenya
Tel: +254-20-252299

Ministry of State Planning for
National Development
for Vision 2030
P.O. Box 30005 - 00200
Nairobi
Kenya
Tel: +254-20-2252299
Fax: +254-20-218475

LESOTHO
Central Bank of Lesotho
Cnr. Airport/Moshoeshoe Road
Private Bag 1184
Maseru 100
Lesotho
Tel: +266-22-314281, 325234
Fax: +266-22-310051, 323182

Ministry of Finance and
Development Planning
Africa House, Kingsway Road
P.O. Box 395
Maseru 100
Lesotho
Tel: +266-22-323703, 316404, 311101
Fax: +266-22-324114, 310157, 310281

Public Debt Of?ce
Fax: +266-22-310622

MALAWI
Reserve Bank of Malawi
Convention Drive
P.O. Box 30063
Capital City
Lilongwe 3
Malawi
Tel: +265-1-770600, 77160,
771273, 774084
Fax: +265-1-774289, 772752

Ministry of Finance and Development Planning
P.O. Box 30049
Lilongwe 3
Malawi
Tel: +265-1-789355, 788818/150/156 / 788832 /  789090 / 789998
Fax: +265-1-789173, 788592 / 788247, 788093, 788091

MOZAMBIQUE
Banco de Mozambique
Avenida de 25 Septembro 1695
C.P. 423
Maputo
Mozambique
Tel: +258-21-428151/9, 318000/9
Fax: +258-21-323712,322849

Ministry of Finance and
Planning
C.P. 272
Maputo
Mozambique
Tel: +258-21-491081/7, 421303
Fax: +258-21-310493,315021

NAMIBIA
Bank of Namibia
71 Robert Mugabe Avenue
P. O. Box 2882
Windhoek
Namibia
Tel: +264-61-283-5127,
283-5034/5
Fax: +264-61-283-5067,
283-5228

Ministry of Finance
Private Bag 13295
Windhoek 9000
Namibia
Tel: +264-61-2099111, 2092928
Fax: +264-61-236454

National Planning Commission
Private Bag 13356
Windhoek
Namibia
Tel: +264-61-283-4111, 283-4225
Fax: +264-61-283-4233

RWANDA
Ministry of Finance
and Economic Planning
P O Box 158,
Kigali,
Rwanda,
Tel: +250-577-994,
Fax: +250-571-045 / 577-581

National Bank of Rwanda
P O Box 531,
Kigali,
Rwanda
Tel: +250-575249,
Fax: +250-577-391,  572-961,
576-197, 572-551

SWAZILAND
Central Bank of Swaziland
Warner Street
P O Box 546
Mbabane, Swaziland
Tel: +268-40-82000
Fax: +268-40-42636, 45417, 40013

Ministry of Finance
P.O. Box 443
Mbabane, Swaziland
Tel: +268-40-42141/8,
42145, 48145/9
Fax: +268-40-43187

Ministry of Economic Planning
and Development
P.O. Box 602
Mbabane, Swaziland
Tel: +268-40-43765
Fax: +268-40-42157

TANZANIA
Bank of Tanzania
10th Mirambo St.
P.O. Box 2939
Dar es Salaam,
Tanzania
Tel: +255-22-2112879, 2110946/52
Fax: +255-22-2112671, 2113325,
2116612

Ministry of Finance
P.O. Box 9111
Dar es Salaam,
Tanzania
Tel: +255-22-2112856/2111174/6
Fax: +255-22-2113334, 2110326,
21123924

Ministry of Economic Planning
and Development
P.O. Box 9242
Dar es Salaam
Tanzania
Tel: +255-22-2116728, 2112681/3
Fax: +255-22-2115519

UGANDA
Bank of Uganda
37/43 Kampala Road
P.O. Box 7120
Kampala
Uganda
Tel: +256-41-232672, 258441, 341223
Fax: +256-41-255983, 259336, 231549

Ministry of Finance, Planning
and Economic Development
P.O. Box 8147
Kampala
Uganda
Tel: +256-41-232370, 232759
Fax: +256-41-230163, 341397

ZAMBIA
Bank of Zambia
Bank Square
Cairo Road
P.O. Box 30080
Lusaka 10101
Zambia
Tel: +260-1-228888, 228903/20
Fax: +260-1-221764/237070
Telex: Za41560

Ministry of Finance and
National Planning
P.O. Box 50062
Ridgeway 15101
Chimanga Road
Lusaka
Zambia
Tel: +260-1-250383, 253512, 250944, 251204,
250886, 250944/45, 250940
Fax: +260-1-253494, 251078, 250012

ZIMBABWE
Reserve Bank of Zimbabwe
80 Samora Machel Avenue
P.O. Box 1283
Harare
Zimbabwe
Tel: +263-4-703000
Fax: +263-4-708976, 705978/9
705890 (DL)

Ministry of Finance
New Government Complex
Level 7, E Block
Samora Machel Avenue/4th Street
Private Bag 7705
Causeway
Harare
Zimbabwe
Tel: +263-4-722101/5, 794571
Fax: +263-4-792750, 250615, 796578

Ministry of Economic Development
Private Bag 7772
Causeway
Harare
Zimbabwe
Tel: +263-4-722101/5
Fax: +263-4-251372, 793998