THEME: Financial Planning and Management Systems in Contemporary Times

 Experts have long regarded the weaknesses in public sector financial planning and management systems as impediments of good governance, accountability, and efficiency in governance in Africa. Also, a poorly-designed budget, limited execution, and a truncated ability to use funds flexibly may prevent development actions in key aspects of the society. Across Africa, the challenge of public financial management is more acute than in other regions of the world, with bottlenecks affecting all steps of the budget cycle, from preparation to execution, reporting, and auditing, which have hindered the progress and development of the continent.

Several African countries, working to reform the public financial management (PFM) systems, have over the past years introduced complex interventions, such as multi-year financing/expenditure plans, program-based budgets, or integrated financial information management systems, which have advanced overall levels of PFM systems in general. However, reform implementation has been slow and has often been hindered by limited financial management capacity and other institutional factors, especially at sub-national levels. Many countries in the region have the challenges of PFM interventions that are partially implemented at basic or more advanced levels, leading to apparent contradictions of complex procedures being introduced even when basic aspects of budget preparation, approval, or timely execution are not fully in place. More so, it is also pertinent to mention that both financial and non-financial public sector employees and managers are regularly required to provide input to the budget process annually and respond to information presented in departmental financial reports in today’s Africa. 

Therefore, the Forum on Public Sector Accounting Standards and Budgeting is the perfect educational and training to up-skill and provide a comprehensive briefing to participants on the fundamental principles and key functions in the continuously developing sphere of public sector finance. The forum would adopt a mix of lectures, roundtable, and hands-on training sessions to also provide an invaluable refresher for finance professionals in the public sector, as well as useful practical coursework for the non-financial manager, incorporating a vital update on Public Sector Accounting Standards Board (IPSASB) standards and other recent developments in the field of New Public Management.

COURSE OBJECTIVES:

The Forum on Public Sector Accounting Standards and Budgeting has been designed to provide you with up-to-date knowledge and practical skills in the preparation and interpretation of public sector financial statements and budgets. By the end of this forum, you will have learned to:

• Understand the role of financial accounting in public sector management.
• Prepare accounts in tandem with the IPSASB framework.
• Analyze and interpret public sector financial reports.
• Use forecasting techniques to plan for income and expenses.
• Understand and actively participate in the budget process.
• Understand apply capital investment appraisal methods.
• The objectives and methodology of public sector budgeting.
• Public-Private Partnerships (PPP) and Private Finance Initiatives (PFI).
• Public sector management reforms.

TRAINING METHODOLOGY

This forum will be structured as a highly participative workshop with formal presentations, case studies, and interactive worked-examples. Relevant examples and case studies are provided to illustrate the application of each of the topics covered and opportunities are provided to learn and apply the key financial accounting and budgeting principles using practical examples and exercises.

ORGANISATIONAL & PERSONAL IMPACT

The organization will benefit from the development and practical application of skills in financial accounting and budgeting in compliance with the requirements of the IPSASB framework. This will deliver benefits in raising awareness of key financial principles and improved decision-making. At the personal level, participants will benefit from updated knowledge and applied practical skills in financial accounting and budgeting in the context of public sector organizations. These skills will allow delegates to make a greater contribution to the budgeting and financial decision-making processes in their organization, at the same time enhancing their career development potential.

WHO SHOULD ATTEND?

This forum would be relevant to all persons involved in the preparation, presentation, and interpretation of corporate financial statements from both the private and public sector where compliance with the IASB and IFRS framework is required; both in commercial businesses, government, and not-for-profit organizations. This Forum on Public Sector Accounting Standards and Budgeting is suitable to a wide range of professionals but will greatly benefit: 

• Public Sector Purchasing and Procurement Managers
• Departmental Budget Holders
• Financial Accounting Team Members
• Finance Managers
• Planning Managers
• Public Sector Budget Accountants
• Assistants to Ministry and Departmental Officials

THEME: Mapping Africa’s mining industry: Towards driving investment decisions for sustainable future. 

African Leadership Magazine is, putting together the Africa Mining Forum & Awards, Accra – 2022 to bring together policymakers, private sector leaders, Industry Titans, civil society leaders, and all stakeholders during this Forum to explore ways Africa can strategise to reposition the mining sector to drive investment decisions for sustainable future.  

Africa is endowed with abundant mineral resources, including gold, silver, copper, uranium, cobalt, and many other metals which are key inputs to manufacturing processes around the world. The mining and extractive sector has contributed and continues to contribute a significant share of Africa’s exports, revenue and GDP annually. In 2019, minerals and fossil fuels accounted for over a third of exports from at least 60% of African countries. Additionally, 42 out of 54 African countries are classified as resource-dependent, with 18 countries classified as dependent on non-fuel minerals, 10 as dependent on energy or fuel exports and the rest as dependent on agricultural exports. Mineral resources contribute a significant amount of fiscal revenues, foreign currency reserves and employment to African countries. The mining and natural resources sector are critical in driving economic growth and development on the continent.

Mining can foster economic development by providing opportunities for decent employment, business development, increased fiscal revenues, and infrastructure linkages. Africa’s vast mineral resources have the potential to have a transformative impact on furthering growth and alleviating poverty in the region. To harness this potential, governments, industry and civil society must work together to ensure that mining plays a role in fostering inclusive growth and sustainable development. Internationally, automation and tech are being embraced in the mining sector as “Mining 4.0” is adopted. West Africa’s mining sector needs to work with labour to establish a way forward to preserve health and safety, increase productivity and has the best interest of mining communities at its center.

African Leadership Magazine is, therefore, putting together the Africa Mining Forum & Awards, Accra – 2022 to bring together policymakers, private sector leaders, Industry Titans, civil society leaders, and all stakeholders during this Forum to explore ways Africa can strategise to reposition the mining sector to drive investment decisions for sustainable future.  This forum is in keeping with our tradition of presenting the sides of the continent businesses and investments, which hardly finds placement on the global stage, and celebrating exemplary leadership and individuals who have contributed to the economic development of the African continent, especially the mining sector. These groups of Africans are those who are doing things differently towards re-positioning the African continent and setting new landmarks. Most assuredly, the summit will be a platform that will connect local and international mining companies, institutional investors, private equity firms, and all actors across the entire mining value chain, to push forward with commitments and business deals that would power the African economic recovery.

Summit Highlights

1. Keynote and Paper Presentations.
2. Miners’ CEOs Roundtable Session.
3. Industry titans’ leaders & Policy Makers Interactive Session.
4. Launching/Unveiling the Special Publication of West African Mining Sector
5. Award Presentations

Target Audience

1. Ministers of Mines
2. CEO/VP/Board/Directors of Extractive Industry companies in Africa.
3. Consultants and strategic change managers
4. Academics, R&D professionals, industry experts
5. Finance players, Afro-centric funds, VC Funds,
6. Mines service providers 

THEME: Policy, Justice and Global Co-operation for Building Back Better

The Legislative, Legal and Good Governance Conference, shall x-ray the role of the parliament, judiciary and other agencies of government in promoting fast-tracked sustainable economic development in Africa, after the pandemic induced disruption.   The conference shall also highlight the interplay of the law and lawmakers in promoting good governance in Africa, while also evolving solutions to some of the continent’s challenges. 

KEY EXPECTED PARTICIPANT

• Heads of States and Governments
• High ranking members of the judiciary 
• Lawmakers 
• Senior Government Officials and policy leaders
• Heads of African Missions and diplomats
• Major Industry Titans, Leaders, and Key Stakeholders
• Think-tanks, Industry Experts and International Development Institutions
• Academics, Researchers, and Research scholars

Key Highlights of the Forum:

• Keynotes and presentations
• Panel Discussions
• Networking Sessions
• Good governance roundtable 
• Unveiling of the Special Edition of the African Leadership magazine

THEME: Policy, Justice and Global Co-operation for Building Back Better

The Legislative, Legal and Good Governance Conference, shall x-ray the role of the parliament, judiciary and other agencies of government in promoting fast-tracked sustainable economic development in Africa, after the pandemic induced disruption.   The conference shall also highlight the interplay of the law and lawmakers in promoting good governance in Africa, while also evolving solutions to some of the continent’s challenges. 

KEY EXPECTED PARTICIPANT

• Heads of States and Governments
• High ranking members of the judiciary 
• Lawmakers 
• Senior Government Officials and policy leaders
• Heads of African Missions and diplomats
• Major Industry Titans, Leaders, and Key Stakeholders
• Think-tanks, Industry Experts and International Development Institutions
• Academics, Researchers, and Research scholars

Key Highlights of the Forum:

• Keynotes and presentations
• Panel Discussions
• Networking Sessions
• Good governance roundtable 
• Unveiling of the Special Edition of the African Leadership magazine

THEME: Policy, Justice and Global Co-operation for Building Back Better

The Legislative, Legal and Good Governance Conference, shall x-ray the role of the parliament, judiciary and other agencies of government in promoting fast-tracked sustainable economic development in Africa, after the pandemic induced disruption.   The conference shall also highlight the interplay of the law and lawmakers in promoting good governance in Africa, while also evolving solutions to some of the continent’s challenges. 

KEY EXPECTED PARTICIPANT

• Heads of States and Governments
• High ranking members of the judiciary 
• Lawmakers 
• Senior Government Officials and policy leaders
• Heads of African Missions and diplomats
• Major Industry Titans, Leaders, and Key Stakeholders
• Think-tanks, Industry Experts and International Development Institutions
• Academics, Researchers, and Research scholars

Key Highlights of the Forum:

• Keynotes and presentations
• Panel Discussions
• Networking Sessions
• Good governance roundtable 
• Unveiling of the Special Edition of the African Leadership magazine

THEME: Policy, Justice and Global Co-operation for Building Back Better

The Legislative, Legal and Good Governance Conference, shall x-ray the role of the parliament, judiciary and other agencies of government in promoting fast-tracked sustainable economic development in Africa, after the pandemic induced disruption.   The conference shall also highlight the interplay of the law and lawmakers in promoting good governance in Africa, while also evolving solutions to some of the continent’s challenges. 

KEY EXPECTED PARTICIPANT

• Heads of States and Governments
• High ranking members of the judiciary 
• Lawmakers 
• Senior Government Officials and policy leaders
• Heads of African Missions and diplomats
• Major Industry Titans, Leaders, and Key Stakeholders
• Think-tanks, Industry Experts and International Development Institutions
• Academics, Researchers, and Research scholars

Key Highlights of the Forum:

• Keynotes and presentations
• Panel Discussions
• Networking Sessions
• Good governance roundtable 
• Unveiling of the Special Edition of the African Leadership magazine