NonprofitsAfrican Center For Economic Transformation

International, Foreign Affairs & National Security

African Center For Economic Transformation

WASHINGTON, DC

Total revenue

$7.2M

Total expenses

$7.0M

Net assets

$744K

Grants received

$11.5M

16 grants

EIN

113803281

Tax year

2024

Mission

The african center for economic transformation is an economic policy institute supporting africas long-term growth through transformation

Programs

2 programs

Transformation = growth + depth since the min-1990s, many african countries have seen steady economic growth but have struggled to leverage that growth into sustainable development policies and plans. African countries need growth with depth, which is how acet encapsulates the mutidimentsional process of economic transformation into a practical policy agenda

Expenses: $1.8M

Strengthening governments with institutional capacities in economic management. This program is supported by demand driven advisory activities to build the capacity of governments in the financial planning, economic management and development functions. Our objective here has been to support the development of the capacity of policymakers in these areas and share best practices from in and outside africa

Expenses: $1.2M

Financials

FY 2024

Revenue

Contributions & grants$7.2M
Program service revenue
Investment income
Other revenue
Total revenue$7.2M

Expenses

Grants paid
Salaries & benefits$2.0M
Fundraising
Other expenses$5.0M
Total expenses$7.0M
Total assets$4.3M
Net assets$744K

People

16 listed

NameRoleCompensation

K Y AMOAKO

PRESIDENT/CEO

Board

$347K

40 hrs/wk

MAVIS OWUSU-GYAMFI

EXECUTIVE VICE PRESIDENT

Board

$295K

40 hrs/wk

DANIEL NTI

DIRECTOR/OFFICER

Board

$293K

40 hrs/wk

LORD PAUL BOATENG

DIRECTOR

Board

0

NICHOLAS WESTCOTT

DIRECTOR

Board

0

ARKEBE OQUBAY

DIRECTOR

Board

0

ROSINE SORI-COULIBALY

DIRECTOR

Board

0

CECILIA A CONRAD

DIRECTOR

Board

0

NOOMANE FEHRI

DIRECTOR

Board

0

BOGOLO J KENEWENDO

DIRECTOR

Board

0

EDWARD K BROWN

OFFICER

Board

40 hrs/wk

ROBERTO J TIBANA

OFFICER

Board

40 hrs/wk

MAURA K LEARY

OFFICER

Board

40 hrs/wk

ROB FLOYD

OFFICER

Board

40 hrs/wk

TITO MBOWENI

CHAIRMAN

Board

0

ROBERT PEIFFER

DIRECTOR

Board

0

Grants received

Showing 16 of 16

FromAmountPurposeYear
$1.6M
YOUTH LEARNING
2024
$500K
GLOBAL HEALTH AND DEVELOPMENT PUBLIC AWARENESS AND ANALYSIS
2024
$1.6M
Youth Learning
2023
$1.1M
GLOBAL HEALTH AND DEVELOPMENT PUBLIC AWARENESS AND ANALYSIS
2023
$320K
FOR SUPPORT TO STRENGTHEN ACET'S GENDER EQUALITY PROGRAM
2023
$1.3M
EMPOWER WOMEN AND GIRLS; GLOBAL HEALTH AND DEVELOPMENT PUBLIC AWARENESS AND ANALYSIS
2022
$1.1M
Youth Learning
2022
$480K
FOR SUPPORT TO STRENGTHEN ACET'S GENDER EQUALITY PROGRAM
2022
$200K
TO PROVIDE GENERAL SUPPORT
2022
$1.0M
Youth Learning
2021
$1.5M
Youth Learning
2020
$350K
to provide general support
2020
$165K
to provide voice to smallholder farmers and other marginalized voices from agriculture in the national agriculture policy debate to positively impact policy for a more inclusive and transformational agriculture sector
2020
$100K
TO PROVIDE CONFERENCE SPONSORSHIP SUPPORT FOR THE AFRICAN TRANSFORMATION FORUM 2020.
2019

Funded by

$11.5M from 6 funders · 16 grants · 2019–2024

Mastercard Foundation

$6.9M · 5 grants · 2020–2024

Gates Foundation

$2.9M · 3 grants · 2022–2024

The William & Flora Hewlett Foundation

$800K · 2 grants · 2022–2023

Foundation To Promote Open Society

$715K · 3 grants · 2020–2022

Rockefeller Philanthropy Advisors Inc

$200K · 2 grants · 2023–2024

Details

EIN113803281
NTEE codeQ30
Subsection03
Ruling date2008-02
Formed2007
Employees10
Volunteers0
AFRICAN CENTER FOR ECONOMIC TRANSFORMATION — Mission, Financials & Grants Received | Grantivo