The goal of the founders of the LIACE was to provide facilities for the training and re-training of professional economists for the Africa economy. Given the Institute’s experience in past years and the enormous challenges facing economics profession globally today, the council and management of the Institute are desirous and determined to refocus, restructure and revitalize it, to more effectively fulfill its mandate.


The vision of the Institute and its aspiration for the future is to become an internationally acceptable centre for economics profession that will contribute effectively to the production of professional economists of high quality and respond adequately to the development of the economy.


THE BASIC MANDATE OF THE Institute shall remain as detailed in the Institute’s objectives. However, the Institute will for the immediate future, be more clearly focused on the production, regular updating and upgrading of professional economists for basic level of the economy. The Institute will collaborate with relevant bodies of professional Institute to promote high level of professionalism among economists worldwide.