Good Financial Grant Practice

About The GFGP

Standardising, simplifying and strengthening governance of grant funding

The GFGP is an AESA is a programme established to strengthen Africa’s research and development infrastructure by developing an innovative standard for the best practices in the management of funds awarded to grantees. It seeks to develop a new and integrated system for the financial governance of grant funds awarded to grantees which will standardize, simplify and strengthen the governance of grant funding.

This new approach will include a self-assessment tool to support local NGOs, research institutions and academic centres. It will assist them in recognizing potential areas for improvement and enable them to take steps to build their grant management capacity and resilience. This will hopefully attract more funding to these organisations as funders gain confidence of their ability to manage grants.

The GFGP system will consist of:

GFGP Four-Phase delivery plan
Phase 1. Develop the reference standard

Develop and publish a pan African standard for Good Financial Grant Practice.

October 2015 to June 2018
Inaugural funders: Wellcome & the Medical Research Council (UK)

Phase 2. Develop a system for pre-award assessment of recipients

Develop a web based assessment system for recipients of funds to measure their compliance to the GFGP standard

December 2016 to Mid’ 2018
Funders are the EU (EDCTP), MRC(UK), Department of Health(UK)

Phase 3. Funders and grantees access system and share assessment data

Mid’ 2018 and beyond

Grantors will pay for access to the system and request grantees to complete the self-assessments. Grantors will be able to access a database of completed grantee assessments. Grantees range from sophisticated and experienced entities to smaller charities / NGO’s with limited knowledge of financial governance

Phase 4. Harmonised reporting

Grantors and grantees have expressed interest in harmonising grantor reporting requirements.

exploration continues...