Corporate Governance: African Corporate Governance Network (ACGN)

In the past decade, the world has witnessed a surge in corporate governance reform. Africa as one of the fastest growing destinations for international investment is realising that expedient transformation in business practices that are aligned to global ethics and transparency standards have the ability to increase investment opportunities for the region.

The NBF as the Secretariat to the ACGN (which is the continent’s only pan-African corporate governance platform representing Institutes of Directors of 19 African countries) is continuing with its efforts to support and capacitate African Institutes of Directors with resources and skills necessary to improve Africa’s overall corporate governance standards.

This year, the ACGN hosted the first of its bi-annual meetings in Abidjan, Cote d'Ivoire from 22 - 24 February 2017, during which the launch of the IFC Corporate Governance Programme was showcased  and a capacity building workshop was held on the King IV Code of Corporate Governance and lessons learnt in its implementation. This was the first time the ACGN hosted a meeting in the African Francophone region. 

The second ACGN bi-annual meeting was hosted in Addis Ababa, Ethiopia from 9 – 11 August 2017. H.E. Mr. Ali Suleiman, Commissioner of The Federal Democratic Republic of Ethiopia Ethics and Anti-corruption Commission was the guest of honour and Professor Deon Rossouw of The Ethics Institute delivered the keynote address on ‘Business ethics in Africa’.


The ACGN would like to welcome new the Namibia Institute of Corporate Governance and Institut Sénégalais des Administrateurs as new members of the pan-African network.

The next ACGN workshop has been scheduled for 7 – 9 March 2018 and will be hosted in Windhoek, Namibia under the theme ‘Governance as a driver for sustainable economic development’. Invitations will be sent out in due course.


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