Freetown, Sierra Leone, February 19
, 2010 — IFC, a member of the World Bank Group, said today it will
launch its Business Edge training product in Sierra Leone 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 Sierra Leone, 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 Sierra Leone and Liberia, said, “We are seeking to create partnerships
with local consultants, qualified firms and institutions to launch and
manage Business Edge in Sierra Leone. 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 Sierra Leone so they can qualify to deliver Business
Edge to the country’s entrepreneurs, who often struggle to find the business
support they need to succeed.
IFC held a Business Edge training session
in Freetown from February 15 to 19 for 15 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 Freetown to promote Business Edge to about 50 members of Sierra Leone’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.