Monrovia, Liberia, February 26,
2010—IFC, a member of the World Bank Group, said today it will launch
its Business Edge training product in Liberia by March 2010 deepening its
support for businessmen and women in the country and helping them acquire
the skills they need to succeed.
IFC is currently seeking partners to
deliver Business Edge training in Liberia, where it is supporting private
sector recovery and growth. 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 improve their skills and businesses.
Jumoke Jagun-Dokunmu, IFC Resident Representative
for Liberia and Sierra Leone , said, “We are seeking to create partnerships
with local consultants, qualified firms and institutions to launch and
manage Business Edge in Liberia. Supporting smaller businesses is a major
focus of IFC’s work, particularly in African countries recovering from
conflict, where a stronger small business sector will help create employment
and support economic growth.”
IFC is currently training local firms
and consultants in Liberia so they can qualify to deliver Business Edge
to Liberian entrepreneurs, who often struggle to find the business support
they need to succeed.
IFC held a Business Edge training
session in Monrovia from February 22 to 26, for 20 local consulting firms
and individual consultants. IFC will in March launch a program called “Enhancing
SME Consulting Skills” targeting a vast audience of consultants.
Also in March, IFC will host an event
in Monrovia to promote Business Edge to about 50 members of Liberia’s
business community, including banks, financial institutions, firms, microfinance
institutions and SMEs. Business Edge will help SMEs become better
suppliers, distributors and clients. Therefore IFC will seek to develop
partnerships with large corporate firms which work with SMEs to create
and enhance linkages that will improve performance along the value chain.
Business Edge includes class sessions
featuring high-quality training material from the global market to offer
small business owners and managers a practical means to improve their efficiency
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.