Common use of Description of Activities Clause in Contracts

Description of Activities. The objectives of the activities (Activities) to be financed under this Trust Fund are to contribute to: (a) enhanced capacity for effective policy formulation in the countries of grant recipients of the African Capacity Building Foundation (variously, “ACBF” or “Recipient”); and (b) improvements in the management of ACBF’s operations. The Activities consist of the following: 1. Recipient-executed Activities (a) Capacity Building Sub-grants (b) Institutional Development (i) Continued implementation of ACBF’s management action plan. (ii) Development of a forward looking medium term strategy for ACBF, including establishment of an effective monitoring and evaluation system. (iii) Preparation, supervision and evaluation of subprojects financed by ACBF. (iv) Development and implementation of knowledge and learning activities. 2. Bank-executed Activities

Description of Activities. The objectives of the activities (Activities) to be financed under this Trust Fund are to contribute to: to (a) enhanced capacity for effective policy formulation in the countries of grant recipients of the African Capacity Building Foundation (variously, “ACBF” or “Recipient”); and (b) improvements in the management of ACBF’s operations. The Activities consist of the following: 1. Recipient-executed Activities (a) Capacity Building Sub-grants (b) Institutional Development (i) Continued implementation of ACBF’s management action plan. (ii) Development of a forward looking medium term strategy for ACBF, including establishment of an effective monitoring and evaluation system. (iii) Preparation, supervision and evaluation of subprojects financed by ACBF. (iv) Development and implementation of knowledge and learning activities. 2. Bank-executed Activities