Terms of Reference and Request for Proposal for an Individual Consultant

The Macroeconomic and Financial Management Institute of Eastern and Southern Africa(MEFMI) is a regionally owned entity launched in 1997, currently with 14 member countries: Angola, Burundi, Botswana, Eswatini, Kenya, Lesotho, Malawi, Mozambique, Namibia, Rwanda, Tanzania, Uganda, Zambia, and Zimbabwe. Its mandate is to build sustainable human and institutional capacity in identified key areas in Central Banks, Ministries of Finance and Planning; Revenue Authorities, Statistical Offices, and related institutions in the spheres of macroeconomic and financial management.

The Institute also aims to foster best practices in these institutions and bring emerging risks and opportunities to the fore among executive-level officials. Since 1997, MEFMI has been implementing its capacity-building activities using a phased approach, each comprising a period of 5 years. In 2022, MEFMI commenced the implementation of the Phase VI Strategy which runs up to 2026.

The Phase VI Strategy continues to advance MEFMI’s mandate to the targeted client institutions in the member countries taking into account the dynamic delivery environment, changing and diverse needs of client institutions on the three thematic areas of macroeconomic, sovereign debt, and financial sector management. As part of its larger capacity-building mandate in macroeconomic, sovereign, and financial management, MEFMI implements the Fellows Development Programme (FDP), a MEFMI flagship with the primary purpose of creating a regional pool of expertise in various areas of specialisation to spearhead capacity building in the member countries and the MEFMI region at large. In doing so, MEFMI trains Fellows at Graduate and Accreditation levels to contribute capacity enhancement in the region in various areas of specialisation within the three MEFMI thematic areas: macroeconomic, sovereign debt, and financial sector management.

The Purpose of the Study

The purpose of the study is to keep track of the Fellows Development Programme (FDP) of the Macroeconomic and Financial Management Institute of Eastern and Southern Africa(MEFMI). Specifically, the study intends to ascertain a) the whereabouts of Graduate and Accredited Fellows, b) how they have progressed in their careers, c) how the FDP has impacted their careers (this includes career growth/advancement, recognition in one’s field of specialisation, competence enhancement, etc), and d) the extent to which they are contributing to capacity building in their respective workplaces, country and the region (value client institutions and the region at large are deriving from the expertise Fellows have acquired from the FDP).Further, the study intends to assess the relevance of FDP and to identify recommendations for improvements.