Juba, December 21, 2011 – IFC, a member
of the World Bank Group, yesterday launched its training system, Business
Edge™ management training program, in South Sudan. In partnership with
local service providers, the program will provide much needed skills development
to owners, managers and supervisory staff of small and medium enterprises
who are facing a challenging environment with limited access to skills,
markets and finance.
Following the independence of South Sudan
in July this year, the Government of the Republic of South Sudan has embarked
on an ambitious program to develop a viable private sector. Developing
the SME sector is critical for the country, and IFC’s support is focusing
on removing constraints to competitiveness, building capacity, and facilitating
access to information, finance and markets.
Yesterday’s launch of Business Edge™ is
one component of IFC’s SME Development Program for South Sudan, supported
in partnership with the Government of South Sudan and the Netherlands.
Fifteen trainers from four management consulting firms have so far been
certified. These firms are South Sudan Allied Consultants, SMECOSS, Resource
Solutions and Marketing, and Riverbend Consultants.
The four private firms will seek to provide
management skills to at least 2,000 SMEs over the next three years, with
a particular focus on SMEs in the supply chains of large companies in the
telecommunications, financial services, and food and beverages industries.
Etienne Ndatimana, IFC Program Manager, said:
“IFC’s SME Development Program activities will build on the achievements
of the first phase of the Investment Climate Advisory Program of the World
Bank Group which supported the establishment of the legal framework for
investment in South Sudan. The program aims to increase the ability of
SMEs to expand access to growth markets by strengthening their management
The SME development program will also provide
capacity building to the South Sudan Chamber of Commerce with the aim of
strengthening its management and operational teams to better serve a growing
membership across all ten states of South Sudan.
Simon Akuei Deng, the Secretary General of
the Chamber, said: “We appreciate IFC’s work in developing our private
sector and this training provides an important tool to help our members
improve the way they manage their businesses in various sectors and across
IFC, a member of the World Bank Group, is
the largest global development institution focused exclusively on the private
sector. We help developing countries achieve sustainable growth by financing
investment, providing advisory services to businesses and governments,
and mobilizing capital in the international financial markets. In fiscal
2011, amid economic uncertainty across the globe, we helped our clients
create jobs, strengthen environmental performance, and contribute to their
local communities—all while driving our investments to an all-time high
of nearly $19 billion. For more information, visit www.ifc.org
About Business EdgeTM
IFC Sustainable Business Advisory Services
is supporting the growth of small and medium enterprises. Working with
partners in Africa, IFC has helped thousands of entrepreneurs access the
finance and skills they need to realize their potential. Business Edge™
is a face-to-face IFC training system that helps SMEs more easily access
markets by strengthening their management capacity. The training can be
customized for specific countries and regions in Africa. For more information,
including a full list of our corporate partners and accredited training
firms, visit www.businessedge-africa.com.