Photo: World Bank Photo Collection

The 2014 African Transformation Report concludes that African economies need more than growth if they are to transform; they need growth with depth. That is, they need to diversify their production, make their exports competitive, increase the productivity of farms, firms, and government offices, and upgrade the technology. What does this mean?

ACET presents the report. A panel of international practitioners and researchers discuss the conclusions.

Time:  Wednesday, October 29th 2014, 13:00 – 15:30
Venue: Auditorium, Norad, Ruseløkkveien 26, Oslo


13.00 Welcome and introduction

Inge Amundsen, Senior Researcher, Chr. Michelsen Institute


Growth with Depth

Presentation of ACET’s 2014 African Transformation Report

K.Y. Amoako, President, African Center for Economic Transformation (ACET)

13:45 Q and A
14:00 Panel debate

Yaw Ansu, Chief Economist, African Center for Economic Transformation (ACET)

Espen Villanger, Senior Researcher, Chr. Michelsen Institute (CMI)

Dag Aarnes, Director of the department of Economics and Tax, Confederation of Norwegian Enterprise (NHO)

Terje Osmundsen, Senior Vice President, Strategic Projects, Scatec Solar

15:15 Comments and Debate
15.30 Closing


About the organizers

This seminar is hosted by the Chr. Michelsen Institute (CMI) in collaboration with the African Center for Economic Transformation (ACET) and Norad.


The African Center for Economic Transformation (ACET) is an Accra-based economic policy institute supporting Africa’s long-term economic growth through transformation. ACET’s vision is that by 2025 all African countries will drive their own growth and transformation agendas, led by the private sector and supported by capable states with good policies and strong institutions. ACET works toward this vision through analysis, advice, and advocacy. More at  


The Chr. Michelsen Institute (CMI) is an independent development research institute based in in Bergen, Norway. CMI generate and communicate research-based knowledge relevant for fighting poverty, advancing human rights, reducing conflict, and promoting sustainable social development. CMI’s research focuses on local and global challenges and opportunities facing low- and middle-income countries and their citizens. See


The Norwegian Agency for Development Cooperation (Norad) is a directorate under the Norwegian Ministry of Foreign Affairs (MFA). As the majority of Norwegian development assistance is administered by the Ministry of Foreign Affairs and Norwegian foreign missions, Norad’s main task is to provide advice on what is required to achieve results, communicate results and contribute to debate on the effects of development assistance. See