Good morning,
Established in the year 2003 by the African Union (AU) Heads of State and Government with the primary purpose of fostering standards and practices that lead to political stability, high economic growth, sustainable and inclusive development, as well as accelerated regional and continental integration, The African Peer Review Mechanism (APRM) debunked the notion that monitoring and evaluation tools made in Africa are flawed and exposed the ineffectiveness of the M&E tools originating from outside Africa as ineffective due to their inherent design, accountability and ownership flaws.
APRM has been tested and proven that mechanisms designed and led by Africa stand a better chance of enabling decisions that empower citizens and support reforms. A practical example is how recommendations from the targeted review on youth unemployment in Namibia led to policy changes and the formation of the first Youth Investment Bank making Namibia one of the key countries promoting Youth Investment Banks in the continent with support of African Development Bank (AfDB).
By conducting Country Reviews and Targeted Reviews, producing and sharing timely reports, APRM accelerates African development through recommendations in order to foster improved governance, best practices and policies, socio-economic advancement, and continental cooperation as per Agenda 2063, the AU’s 50-year development plan to transform Africa into a fully integrated and productive continent by year 2063.
2023 will mark the 20th year since African Peer Review Mechanism (APRM) came into birth and the 60th anniversary of the Organization of African Unity / African Union (OAU/AU).
Below are some of the most recent reports produced by APRM;
The APRM report on the technical support mission to Kenya on the challenges faced in engaging International Credit Rating Agencies (ICRAs), in reviews and in implementing recommendations. .
https://www.aprm-au.org/wp-content/uploads/2022/03/KENYA-Tech-Support-Mission-on-Int-CREDIT-REPORT-sm.pdf
Economic Governance and Management is a major thematic pillar of the APRM and this report provides information on current developments in Economic Governance and explores ways to address challenges that hinder progress in the continent.
This report provides information on current developments across the continent in Corporate Governance, which is a major thematic pillar of the APRM and explores ways to address challenges that hinder progress in African countries.
This 4th edition of the African Union - African Peer Review Mechanism (AU-APRM) end of year bi-annual sovereign credit rating review report presents an analysis of the long-term foreign currency sovereign credit rating actions in Africa by three dominant international credit rating agencies –Moody’s, Fitch and S&P Global – during the second half of 2021 (2021H2) and makes recommendations to African countries on how to improve their ratings.
https://www.aprm-au.org/publications/african-soverign-credit-rating-review-2021-end-of-year-outlook/
The South Africa Review report addresses the five areas of governance including State Resilience as a theme that was added in the second generation review of South Africa.
https://www.aprm-au.org/wp-content/uploads/2022/02/SA-2nd-Gen-Report-Key-Highlights.pdf
APRM Targeted Review Report on Youth Unemployment for the Republic of Namibia; https://www.aprm-au.org/wp-content/uploads/2021/11/Namibia-des-TARGETED-REVIEW-REPORT.pdf
