1. AFRICAN RENAISSANCE AND INTERNATIONAL CO-OPERATION FUND 2016/17 ANNUAL REPORT (ARF) Presentation to NCOP Select Committee on Trade and International Relations
8 NOVEMBER 2017

2. Table of contents 1. General Overview 3
2. Key performance indicators, planned targets and actual achievements 6
3. Governance structures 11
4. Report of the external auditor 12
5. ARF Financial Report 2016/17 13

3. General Overview
The African Renaissance and International Cooperation Fund is an integral part of South Africa’s development contribution to the African continent and countries of the South.
2. The Fund has been capacitated with a dedicated Secretariat.
3. The 2016/17 Annual Report encompasses the achievements
recorded in pursuit of the objectives and targets as set out in the
Revised Strategic Plan for 2015 – 2020.

4. General Overview
4. The ARF continues to support the SADC election observer missions on the continent.
5. The ARF continued to act on appeals for humanitarian assistance from African countries and countries of the developing South that are in dire need in response to humanitarian crises including natural disasters and man-made disaster. The main objective of humanitarian assistance is to save lives, alleviate suffering, and maintain human dignity

5. General Overview
6. Amongst the flagship projects being implemented during the financial year 2016/17 are: 6.1 The Veterinary Laboratory Network (VETLAB) project supports that the (International Atomic Energy Agency) IAEA’s efforts to strengthen animal disease diagnostic capacities in regional veterinary laboratories in Sub-Saharan Africa through the Joint FAO-IAEA Division's veterinary laboratory network. The Botswana National Veterinary Laboratory, acts a reference laboratory for SADC regional laboratories. This is an important milestone in deepening the integration agenda of SADC 6.2 The Rice and Vegetable project in Guinea Conakry, which has officially been handed over to the Government of Guinea Conakry, is a blue print for South Africa as a model for the eradication of food insecurity on the Continent.

6. Key performance indicators, planned targets and actual achievements
2016/17
Actual achievement
Deviation from planned target to actual achievement for 2016/17
Comment on deviations
Percentage of requests responded to for the quality assurance and review of project proposals in preparation for the ARF Advisory Committee Meetings
100% of requests received responded to as per objective of project plan
100% of requests responded to for the quality assurance and review of project proposals in preparation for the ARF Advisory Committee Meetings have been achieved
Six project proposals reviewed and submitted to committee meetings
None
Number of ARF structures and processes convened to identify and recommend projects
Four advisory committee meetings to consider project proposals for recommendation
A total of four committee meetings were held to consider project proposals for recommendation

7. Strategic objectives, performance indicators, planned targets and actual achievements
2016/17
Actual achievement
Deviation from planned target to actual achievement for 2016/17
Comment on deviations
To promote democracy and good governance
100% of approved disbursement to support democracy and good governance processed
100% of approved disbursements distributed during this reporting period
Processed payments totaling R389  with respect to South African deployment of election observer missions for elections in Zambia, Seychelles and Mauritius
None
To contribute to human resource development
100% of approved disbursement to support capacity-building processed
Processed payment of R7 000  for African Ombudsman Research Centre

8. Strategic objectives, performance indicators, planned targets and actual achievements
None
Strategic objectives
Planned target
2016/17
Actual achievement
Deviation from planned target to actual achievement for 2016/17
Comment on deviations
To support socio-economic development and integration
100% of approved disbursement to support socio-economic development and integration processed
100% of approved disbursements distributed during this reporting period
Processed payments totaling R5 086  for Rice and Vegetable Production project in Guinea (Conakry)
None
To provide humanitarian assistance and disaster relief
100% of approved disbursement for humanitarian assistance processed     
100% of approved disbursement distributed during this reporting period.
Processed payment of R439  for Namibia drought relief project.
Processed payment of R199, for transportation of humanitarian assistance to Madagascar

9. Strategic objectives, performance indicators, planned targets and actual achievements
None
Strategic objectives
Planned target
2016/17
Actual achievement
Deviation from planned target to actual achievement for 2016/17
Comment on deviations
To support cooperation between South Africa and other countries
100% of approved disbursement for cooperation processed
100% of approved disbursement distributed during this reporting period
Processed payment of R78  for Cuba Economic Package
None
To contribute to PCRD
100% of approved disbursement for PCRD processed
No disbursement requested during the reporting period

10. Key performance indicators, planned targets and actual achievements
2016/17
Actual achievement
Deviation from planned target to actual achievement for 2016/17
Comment on deviations
Percentage of approved disbursement processed
100% of approved disbursement processed as per objectives of the project plan
100% of approved disbursements distributed during this reporting period
Fifteen approved ARF projects disbursement processed
None
Percentage of active projects monitored for compliance with the concurrence received and approved project plan
100% of active projects monitored for compliance with the concurrence received and approved project plan
Percentage of Project Oversight Committee reports for active projects
100% of Project Oversight Committee meetings reports for active projects
77,5% of Project Oversight Committee meetings reports for active projects
The Cuban Economic Package oversight will be conducted in 2017/18
Percentage of closed projects with close-out reports
100% of closed projects with close-out reports
The rice and vegetable production projects in Guinea Conakry closed

11. Governance structures
Role
Performance
Portfolio Committee
Oversight on public entity
The ARF Secretariat briefed the committee on the Annual report and quarterly reports.
Executive Authority
Performance monitoring
The ARF Secretariat submitted the Strategic Plan , APP2017/18, four quarterly reports , Annual report and Financial statements 2016/17 for consideration
ARF Advisory committee
Recommendation of projects to the Executive Authority
Held four meetings, processed project 6 project proposals and recommended 5 project proposals.
Risk Committee
Provides advice to Accounting Authority of effectiveness of enterprise wide risk management
Reviewed the ARF quarterly reports and quarterly risk assessments.
Audit Committee
Review of financial and performance information
Reviewed quarterly reports, annual financial statements and audit outcomes of the AGSA

12. Report of the external auditor
1. The Fund maintained an unqualified audit report from the AGSA 2. Eleven out of twelve audit recommendations accepted by management in the prior year on matters included in the auditor’s report were implemented and actions taken to resolve the findings. 3. The one outstanding matter affecting the Auditors opinion is “Any money in the Fund which is not required for immediate use must be invested by the Director-General, and may be withdrawn when required.”

13. ARF Financial Report 2016/17 R'000
Accumulated surplus as at 31 March 2016
Appropriated funds 31
Surplus approved by National Treasury
Rescinded projects
Interest received
Forex Gain
26 863
Approved Grants for 2014/15
(57 593)
Amount to be surrendered National Revenue Fund
(1 651 579)
Available funds as at 31 March 2017

14. THANK YOU