By Wallace Mawire [caption id="attachment_42757" align="alignleft" width="600"] Professor Emmanuel Nnadozie[/caption] The New Partnership for Africa’s Development (NEPAD) and the African Capacity Development Foundation (ACDF) have signed a Memorandum of Understanding (MOU) to build partnerships for supporting the implementation of Africa’s socio-economic transformation. According to Professor Emmanuel Nnadozie, Executive Secretary of the ACBF, the two parties now endeavor to engage more strategically on areas of common interest based on Africa’s emerging capacity needs. He also added that that is why the two organisations are now formally renewing and stepping up their level of engagement. According to Professor Nnadozie, ACBF’s relationship with NEPAD dates back to January 2004 when the two parties engaged into an MOU that sought to establish a partnership between the two organisations in matters relating to capacity building. It is reported that a number of activities have been implemented under the MOU, with ACBF directly investing $2 million, out of which, NEPAD managed to absorb about $1 869 244. The MOU will provide a framework of cooperation to facilitate collaboration between ACBF and NEPAD focusing on the strengthening of capacity development in Africa for the effective implementation, monitoring and evaluation of Agenda 2063 and its 10 year plans. [caption id="attachment_42759" align="alignleft" width="332"] Ibrahim Mayaki[/caption] Nnadozie added that priority areas of mutual focus will include implementation, monitoring and evaluation of capacity development in the first 10year plan of Agenda 2063 and Agenda 2030, joint implementation of African Union AU/NEPAD 2015 to 2025 capacity development plan for Regional Economic Communities on institutional development for effective implementation of regional development plans and agenda 2063, joint implementation of findings from ACBFs assessment of Regional Economic Communities capacity needs, partnership in the design and implementation of critical technical skills development programmes at country and regional levels, cooperation on development and publication of the ACBF flagship Africa capacity reports and other capacity development knowledge products such as tools, guides and case studies in Africa’s priority areas of development. The other focus will be to jointly mobilise resources for the implementation of the areas of collaboration. Asked by the Pan African Visions to reveal the cost of the new MOU, Professor Nnadozie said that they were in the process of doing the costing and would come up with the appropriate amount soon. Dr Ibrahim Assane Mayaki, CEO of the NEPAD agency signed the MOU on behalf of his organization.