16-19 january 2006, DOUALA (CAMEROON)
Akwa Palace Hotel

Within the framework of its efforts aiming at promoting private sector in Africa, the Economic Commission of United States for Africa (ECA) organizes a series of workshops and seminars in order to work out a guide on the codes and implementation of standards for governance of companies in Africa. This activity forms an integral part of a broader mandate of the Commission aiming at promoting good governance with a view to stimulate economic growth, reduce poverty and contribute to reach the Millennium Development Goals (MDG).

The ECA played an important part in the promotion of private sector in Africa, during these last years. Its efforts bear already fruits: indeed African countries ardently work to create an environement favorable to the investments by implementing reforms which aims at macro economic stability, improvement of the lawful framework in order to attract the investors, and installation of infrastructures (energy, roads, ports, telecommunications, etc.)

However much of efforts remain to be made, because the private sector is developed still little and plays a relatively limited role in the reduction of poverty. The present reflexion constitute a prolongation of the efforts of ECA aiming at making the private sector more dynamic, thanks to governance of companies.