The African Academy of Sciences and the NEPAD Agency's Alliance for Accelerating Excellence in Science in Africa (AESA) will host 25 representatives drawn from African grantees and international funding organisations for a meeting to build consensus on the first Technical draft of new pan African standard of what represents good financial grant practice.
The 25, whose organisations are members of the Good Financial Grant Practice (GFGP) Technical Working Committee, will meet on 23 and 24 March at the AAS headquarters in Nairobi, Kenya, to review the technical draft of the GFGP standard that has been developed by PwC Kenya and a technical author from Strathmore University in Nairobi. .
The GFGP is an innovative and integrated approach to standardise, simplify and strengthen the financial governance of grant funding worldwide. GFGP is a programme of the Alliance for Accelerating Excellence in Science in Africa (AESA), an initiative of the African Academy of Sciences and the New Partnership for Africa’s Development Planning and Coordinating (NEPAD) Agency.
The GFGP is being implemented in partnership with the African Organisation for Standardisation (ARSO).
The GFGP standard will initially be pan African but will evolve into a global standard for the best practice in grant management. It will include a web-based self-assessment tool for research and academic institutions and non-governmental organisations to rank their grant management capacity and for funders to review the grant management capabilities of potential grantees.
Once there is a consensus on the draft, it will be submitted to ARSO, which will review, adopt and publish the standard.
The meeting will be attended by representatives from organisations that include the AAS, ARSO, Bill & Melinda Gates Foundation, International Rescue Committee, Kenyan Accreditation Service, the Swedish International Development Cooperation Agency, USAID, UK AID (DfID), Wellcome and the Medical Research Council (UK). Six representatives from the 54 senior financial managers who were involved, in early 2016, in defining the breadth and depth of what should be included in the standard will also be attending the meeting
The GFGP Technical Working Group have been involved over the last 12 months in the stewardship of the evolving standard and the purpose of this workshop is to finalise the 1st Technical draft.