DEPARTMENT OF MACROECONOMICS,
FINANCING FOR DEVELOPMENT AND
PROGRAMMING (MFDP)

OACPS > Department of Macroeconomics, Financing for Development and Programming (MFDP)

The Macroeconomics, Development Finance and Programming Department (MFDP) coordinates the Secretariat’s activities in the areas of programming, financial and technical cooperation between OACPS and partners, including the EU.

It identifies, analyses and reviews strategies to help Members of the OACPS to leverage development cooperation resources and to promote south-south and triangular cooperation, notably through overseeing the activities of the OACPS Center for South-South and Triangular Cooperation in Malabo, Equatorial Guinea.

With respect to funding, the MDFP department:

  • manages funding requests for all-ACP funding instruments and financing with the European Commission and other partners;
  • examines the availability of, and promotes the use of international funding other than the European Development Fund to finance projects;
  • guides the operationalisation of the OACPS Endowment and Trust Fund.

The department also coordinates the OACPS’ response to the European Union’s list of non-cooperative jurisdictions for tax purposes and the fight against money laundering and terrorist financing.

Intra-ACP Cooperation

The 11th European Development Fund (EDF) intra-ACP strategy embraces intra-ACP cooperation that supports inclusive development efforts through direct development actions and by promoting and supporting dialogue and consensus-building among ACP States.

The 11th EDF Intra-ACP strategy has intensified inclusive and results-oriented development actions within and across the OACPS regions. The strategy aims to address the environmental, social and economic dimensions of sustainable development and is structured around three sectors that will ensure access to basic needs, contribute to environmental sustainability and promote the private sector as an engine of economic growth.

Assistant Secretary-General: Ms Banata Tchale SOW

Assistant Secretary General of Macroeconomics, Development Finance and Programming – Citizen of the Republic of Chad.

Trained as an economist/financier, Ms. Banata Tchale Sow has more than 25 years of professional experience in the field of economics and finance in general, ranging from consulting to administrative governance, with particular expertise in development projects. She has held senior positions in public administration and has proven experience in the field of civil society. In addition, she has been actively involved in the development and implementation of national, regional and international policies and strategies.

Prior to her appointment at the OACPS Secretariat, Ms. Sow served as Director of the Cabinet of the President of the Republic of Chad. She has also held several senior positions, including Minister of Microcredit for the Promotion of Women and Youth, Secretary of State for Finance and Budget, and Secretary of State for Infrastructure and Opening Up. A former educator, Ms. Sow also has considerable experience in investment and rural development.

The projects and programmes of the department are

Recent news from the MDFP Department

OACPS Ministers express concern over the closure by Belgian Banks of bank accounts held by some OACPS Diplomatic Missions

Some Diplomatic missions and members of the Organisation of African, Caribbean and Pacific States (OACPS) accredited to the Kingdom of Belgium and/or the European Union, have, since 2021, been confronted with the closure of their bank accounts by Belgian banks in Brussels, Belgium. The closure of these accounts causes enormous difficulties that affect the proper functioning of the diplomatic missions concerned and disrupts the fulfilment of their mandate as stipulated by the Vienna Convention on Diplomatic Relations.

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The OACPS officially opens the OACPS Information Centre for South-South and Triangular Cooperation in Equatorial Guinea, as it hosts the Centre’s First SSTC Symposium

Brussels, 6 September 2021/OACPS: On 3 September 2021, the Information Centre for South‑South and Triangular Cooperation of the Organisation of African, Caribbean and Pacific States (OACPS-SSTC Centre) held a symposium in Malabo, Equatorial Guinea on the theme: “Broader partnership as a means of accelerating the achievement of the Sustainable Development Goals”.

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OACPS escalates action on unilateral publication of EU Blacklist

Brussels, 03 July 2020/OACPS: As the Organisation of African, Caribbean and Pacific States (OACPS) and the European Union (EU) seek to finalise their new 20+ year Post-Cotonou Partnership Agreement,  the President-in-Office of the OACPS, H.E. Mr. Uhuru Muigai Kenyatta, President of the Republic of Kenya, has written a letter to condemn the unilateral publication of […]

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