African Development Bank Archives - Synergy International Systems | Empowering Impact-Driven Organizations Wed, 10 Apr 2024 08:07:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://www.synisys.com/wp-content/uploads/2022/07/favikon.webp African Development Bank Archives - 32 32 Synergy Transforms Aid Management in Seychelles https://www.synisys.com/news/synergy-transforms-aid-management-seychelles/ Thu, 11 Jan 2024 12:37:08 +0000 https://www.synisys.com/?p=88894 The Seychelles government has launched an Aid Information Management System (AIMS) implemented by Synergy.

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In a remarkable move towards improving aid management and transparency through technological advancement, the Seychelles government has launched an Aid Information Management System (AIMS) designed and implemented by Synergy. This cutting-edge system streamlines aid coordination, improves decision-making, and strengthens accountability in the allocation and use of foreign funds.

Seychelles, a beautiful archipelago nation in the Indian Ocean, has long been a recipient of development assistance from various international donors and organizations. While aid plays a vital role in supporting the country’s development goals, effective management and coordination have often posed challenges. To address those challenges, the Seychelles government commissioned Synergy for the design and development of AIMS in February 2023. This project aligns with Seychelles’ objective of achieving economic stability after the COVID-19 pandemic and is closely linked to AfDB’s Crisis Response Budget Support (CRBS) initiative.

Powered by Synergy’s IDM 8 platform, the AIMS project enhances Seychelles’ capacity to attract and manage international funds. It addresses gaps in aid management by creating a centralized repository for foreign aid data, promoting transparency in public resource management, and supporting the CRBS objectives of fiscal consolidation and debt management. The project focuses on strengthening the government’s aid management function, establishing a central database for foreign grants, improving aid data coordination, and enhancing the government’s capacity for balanced financing and payment obligations over the medium-to-long term. Synergy’s low-code technology reduces transaction costs and ensures sustainability through an enhanced country system.

This initiative represents a significant step forward for Seychelles in its post-COVID economic recovery strategy. It reaffirms the commitment to sound fiscal consolidation and efficient aid management. During a meeting with the Ministry of Finance on December 15, 2023, officials emphasized the crucial role of AIMS in managing a major aid donation following a recent disaster in early December.

Government officials responsible for aid management use essential AIMS modules such as Projects, Contracts, Donor Profiles, Foreign Donations, and Reporting to monitor data related to various sectors. These sectors include Finance, National Planning and Trade, Foreign Affairs, Agriculture, Climate Change, and Environment. Through these modules, stakeholders record the details of the foreign funds received, allocate those funds across different projects implemented in the country, select donors, implementers, and contractors for those projects, track the project implementation, and generate various analytical reports based on the data in the system.

As end users start to use the system, Synergy remains dedicated to providing technical support for AIMS. Recognizing the system’s critical role in advancing aid management capabilities, Synergy pledges ongoing assistance to ensure a seamless and effective use of the system. The commitment extends beyond the initial implementation phase and focuses on continuous enhancements, addressing emerging needs and facilitating user training.

The AIMS project is Synergy’s 37th Development Assistance Database (DAD) and showcases the company’s commitment to employing technology for good.

Synergy International Systems, Inc. (“Synergy”) is a software development and consulting tech company built on hard work, dedication, and a commitment to excellence. Founded in 1997, we have worked in more than 80 countries to help organizations and governments to become more data driven. We are a privately held, 200+ person company headquartered in the Washington, D.C. metro area, USA, with a Development and Global Learning Center in Armenia, and offices in the Netherlands and Rwanda. Synergy has achieved ISO/IEC 27001:2013 and ISO 9001:2015 to certify its Information Security and Quality Management Systems (ISMS and QMS).

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Ghana’s Ministry Of Finance Selects Synergy DAD As The Country’s Platform For Managing Development Assistance https://www.synisys.com/news/ghanas-ministry-of-finance-selects-synergy-dad-as-the-countrys-platform-for-managing-development-assistance/ Tue, 24 Mar 2015 19:10:00 +0000 https://www.synisys.com/news// Vienna, Virginia, USA – 24 March, 2015 – Ghana’s Ministry of Finance has selected Synergy to develop the country’s Aid Information Management System (AIMS), an online IT platform that will provide a comprehensive, real-time picture of the development assistance landscape in the country. In particular, the system will help the Ghanaian government to track aid […]

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Vienna, Virginia, USA – 24 March, 2015 – Ghana’s Ministry of Finance has selected Synergy to develop the country’s Aid Information Management System (AIMS), an online IT platform that will provide a comprehensive, real-time picture of the development assistance landscape in the country. In particular, the system will help the Ghanaian government to track aid flows, align them with country strategies, and ensure that projects are implemented effectively. This project is funded by the African Development Bank (AfDB).

The Ghana AIMS will improve information exchange on planned and actual donor resource inflows, promote aid-on-budget planning, and monitor the alignment of Development Partner (DP) assistance to the national development plan. The system will facilitate the monitoring of aid flows, absorption rates, and project implementation to assess performance and ascertain results. On the basis of projected aid flows, the Ghanaian government will be able to properly plan the national budget.

Ghana AIMS

 “With the help of Ghana AIMS, the Ministry of Finance will be able to disseminate information to the public on development assistance and results, thereby improving government accountability and transparency to citizens” said Synergy’s Project Manager Emilia Khachatryan, who was recently in Accra, Ghana, to carry out the needs assessment mission.

The system will be powered by Synergy’s flagship AIMS solution, the Development Assistance Database (DAD). First launched in the late 1990s, DAD subsequently became the most widely adopted AIMS solution in the world.

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