Kigali, Rwanda, February 11, 2010—IFC,
a member of the World Bank Group, is expanding its support for small and
medium sized enterprises (SMEs) in Rwanda by providing more training opportunities
for business owners to acquire the management skills they need to
IFC’s Rwanda Entrepreneurship Development
Program (REDP) today completed a five-day training session in Kigali that
certified 24 trainers on Business Edge, an IFC-supported program designed
to sharpen the management skills of business owners.
The 24 newly-accredited trainers are
now certified to conduct Business Edge management training for businessmen
and women in Rwanda. Two local firms, the Center for Business Solutions
and Optimum Consulting Limited, have been licensed to provide Business
Edge training in Rwanda.
Ignace Bacyaha, IFC’s REDP Manager
said, “IFC has partnered with Rwanda’s Private Sector Federation to support
the growth of as many businesses in the country as possible and will continue
to forge partnerships with key stakeholders to achieve even greater SME
development impact. Business Edge training will be delivered alongside
the SME Toolkit, an IFC training product developed in partnership with
IBM and which is already available in Rwanda.”
IFC’s Business Edge training has benefitted
more than 800 SMEs in Rwanda since May 2009. IFC plans to train more than
80 Business Edge trainers by June 2011. REDP plans to expand in Rwanda
to offer training to businesses in the telecommunications, energy, agribusiness,
and mining sectors.
Sylvie Pawele, recently certified to
deliver IFC’s Business Edge training to entrepreneurs, said, “I have
been conducting training for SMEs for many years but Business Edge is superior
to many training products in terms of content and delivery methods.”
IFC’s REDP, which is supported by Japan,
Netherlands, and Wallonia (Belgium), offers training to develop entrepreneurship
skills, while seeking to expand the training services market.
Jan Bade, First Secretary at the Netherlands
Embassy said:” we are happy to see that IFC is streamlining the business
management training industry with the best management solutions for SMEs.
I was impressed to hear that SMEs reporting already improved as a result”
IFC is the only international financial
institution focused exclusively on the private sector, the engine of sustainable
development in emerging markets. Along with IBRD, it is currently
seeking a capital increase to strengthen its ability to create opportunity
for the poor in developing countries—including by supporting the business
skills development in Rwanda.
IFC, a member of the World Bank Group,
creates opportunity for people to escape poverty and improve their lives.
We foster sustainable economic growth in developing countries by supporting
private sector development, mobilizing private capital, and providing advisory
and risk mitigation services to businesses and governments. Our new investments
totaled $14.5 billion in fiscal 2009, helping channel capital into developing
countries during the financial crisis. For more information, visit www.ifc.org.
About the Center for Business Solution
The Centre for Business Solutions (CBS)
is an affiliate company to Maxinet Group Limited that offers integrated
solutions to SMEs including SMEs Capacity building using IFC’s core products
SME Toolkit and Business Edge.
About Optimum Consulting Limited
Optimum Consulting Limited is a management
consultancy firm based in Rwanda with global operations across Africa.
About SME Toolkit
The SME Toolkit was launched in 2002
by IFC. In Sub-Saharan Africa, the Toolkit network covers Benin,
Kenya, Madagascar, Nigeria, Rwanda, Senegal, South Africa, and Zambia.
The sites enable users to search and browse content, list their businesses,
and create web pages in a searchable business directory. Users are also
able to network by participating in multilingual community forums on key
business management topics. In countries with limited Internet access,
a CD-ROM version of the SME Toolkit is distributed, which enables increased
dissemination and access.
In 2006, IFC partnered with IBM to strengthen
and expand the Toolkit’s capabilities. IBM has to date invested extensive
resources to develop the product on an innovative and open-source platform.
The SME Toolkit is available in 32 markets
and over 17 languages throughout the developing world. In many of these
markets there are no other comparable online support resources for small
businesses in the local language. The Toolkit has over 4 million unique
visits per year. For more information, visit www.smetoolkit.org.
For more information about IBM, visit