MEFMI is a co-operative venture among ten southern African countries (Angola, Botswana, Lesotho, Malawi, Namibia, Swaziland, Tanzania, Uganda, Zambia and Zimbabwe) and has many foreign partners, including the IMF, World Bank, and the Swedish Government. Formerly called ESAIDARM (Eastern and Southern African Initiative in Debt and Reserves Management),
MEFMI strives to improve human and institutional capacity in macroeconomic and financial management on a sustainable basis. MEFMI offers regional courses, workshops and seminars for central bank and government officials in Macroeconomic and Financial Management Programme, Debt Management and Reserves Management Programmes. It also offers specialised services in the form of: Fellows Development, Executive Fora, Advisory Services, and Country Missions.