IFC Increases Access to Business Training with 21 Clients in Mozambique
IFC announced today it has signed two-year agreements with 18 public and private organizations and three agribusiness programs to expand access to its Business Edge training program in Mozambique, supporting small business growth in the country.
The agreements will allow clients to access Business Edge resources, program design and implementation skills. Thanks to these partnerships, about 1,000 people in Mozambique, including suppliers, staff, distributors and clients, will receive training in business and management skills over the next year.
Business Edge is IFC’s comprehensive range of practical and flexible management training solutions, specially designed to improve the performance of small and medium firms and middle management of corporate firms.
IFC has signed new agreements as follows:
· Five financial institutions: Standard Bank, Banco Tchuma, Sociedade de Investimentos, SA (GAPI), Banco Comercial e de Investimentos (BCI) and Barclays Bank Moçambique
· Three business membership organizations: Confederação das Associações Económicas (CTA), Associação Moçambicana dos Operadores de Microfinanças (AMOMIF) and Mozambique Business Network (MBN)
· Two public institutions: Instituto para Promoção das Pequenas e Médias Empresas (IPEME) and Fundo de Investimento e Património do Abastecimento de Água (FIPAG)
· Five corporations: Coca Cola Sabco, Petróleos de Moçambique (Petromoc), Águas de Moçambique (AdeM), Higest, Lda, Kawena, Lda
· Three universities: Instituto Superior de Ciência e Tecnologia de Moçambique (ISCTEM Business School), Universidade Técnica de Mocambique (UDM) and Universidade Eduardo Mondlane (UEM).
IFC and its SME Management Solutions Program will also support three agribusiness programs in the country: Apoio Às Iniciativas Privadas no Sector Agrário – ADIPSA to increase smallholders´ income from marketing agricultural production; Abt Associates (USAID-AgriFUTURO Program) to improve value chains; and Tecnhoserve, a nongovernmental organization, to support poultry, forestry and grind milling businesses.
Babatunde Onitiri, IFC Country Manager for Mozambique, said, “The expansion of Business Edge solutions will support the growth of smaller businesses in Mozambique. Supporting smaller businesses is a major focus of IFC’s work in Africa and a stronger SME business sector in Mozambique will help create employment and generate growth in the country.”
IFC will work closely with its seven implementing partners in Mozambique to help organize educational events, identify training needs, customize content, managing the training activities, ensure its quality, and to evaluate the impact of the training.
The seven partners are: Escola Superior de Negócios e Empreendedorismo de Chibuto (ESNEC/UEM), Sociedade de Investimentos (GAPI), Formoprojectos, EUROSIS - Consultoria e Formação em Gestão, PROCESS - Consultoria e Formação, International Capital Corporation (ICC) and BKSC
This article was originally posted on Sustainable Development Africa Platform
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