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ACAP IV: A Multi-stakeholder Programme

Ethical Investment - ACAP

Since 2015, has introduced measures to build capacity in African Churches and Church-related organisations, with the support of Bread for the World. Capacity building is focused on areas of assets mapping, assets management and ethical investments through the African Church Asset Programme (ACAP) phases IIII, aiming to strengthen African church based organisations and their asset management through ethical investment. The multi-stakeholder African Church Asset Management Programme (ACAP IV) was implemented in August 2020 in East Africa, with special attention to Kenya and Ethiopia. The implementation is planned to run until January 2022, focusing on the development of local policy and regulations linked to ethical investment, as well as local standard setting in the context of pressures from international actors.

Two consulting firms were mandated to do in country studies in Kenya and Ethiopia, with promising progress. In Ethiopia, the Development and Management Consultancy under the leadership of Matewos Bussa has had ground-breaking meetings with various Churches and Church-Related Organisations (CROs). A tool for data collection has been developed and is currently being validated. In Kenya, CORAT Africa under the leadership of Dr. Oliver Kisaka have made tremendous strides. On the 10 March 2021 they organised an induction meeting with various Churches, CROs and Civil Society Organisations (CSOs). This meeting was geared towards sensitising participants about the task ahead and seek views on a way forward, representing 25 different organisations. Discussions were fruitful, which began with an overview of the genesis, as well as accomplishments and goals of ACAP. In the plenary sessions, participants shared their experiences and suggested areas the team of consultants should consider, as they engage various organisations during the data collection exercise.The team is currently fine-tuning the tools for data collection. The team encourages participants to engage in open dialogue with the consulting teams, to ensure credible results.

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