Douala, Cameroon, February 17, 2010—IFC,
a member of the World Bank Group, today launched its Business Edge management
training system in Cameroon, increasing its support for entrepreneurs and
small and medium sized businesses in the country.
Business Edge is an interactive learning
program that offers skills training to help managers increase their knowledge
and run more efficient businesses. The product has helped thousands of
entrepreneurs in emerging markets in Africa and around the world improve
their skills and develop their businesses.
“Supporting the growth of smaller businesses
is a major focus of IFC’s work in Africa. The launch of Business Edge
in Cameroon underlines IFC’s commitment to supporting private sector growth
in the country,” said IFC Country Manager for Cameroon, Henri E. Rabarijohn.
IFC has partnered with six consulting
firms in Cameroon to deliver Business Edge training to businessmen and
women. These partners are: Africa Audit Council (AAC), and Business Management
Solutions (BMS), Diversity Management and Consulting (DMC), PANESS Conseil,
FIDA Conseil et Cible.
IFC has already certified 15 trainers
to deliver Business Edge training in Cameroon, where small businesses dominate
the private sector, but often struggle to obtain the support they need
IFC’s strategy in Cameroon includes
increasing support to the small and medium-sized business sector; improving
the business climate; and supporting direct investments in key sectors
such as energy and infrastructure.
IFC is the only international financial
institution focused exclusively on the private sector, the engine of sustainable
development in emerging markets. It is currently seeking a capital increase
to strengthen its ability to create opportunity for the poor in developing
countries -- including supporting the growth of smaller businesses.
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.