Home About Us Services Projects Press Staff Vacancies Contact us   ::   MD participates in the “Fourth Africa-Asia Business Forum (AABF IV)” Kampala, Uganda, 21 November 2008: 37 managers of small and medium-sized enterprises (SMEs) and representatives of banks from Kenya, Rwanda, Tanzania, Uganda and Zambia gathered here this week to participate in two capacity development workshops intended to enhance their management skills for the preparation of business plans and subsequent appraisal of investment projects and ability to carry out risk and financial assessments. The week-long workshops, which were titled “Investment Project Formulation and Appraisal” for SME entrepreneurs and “SME Financing” for representatives of the Banking sector, were successfully concluded today. Organized by the United Nations Development Programme (UNDP) in cooperation with the United Nations Industrial Development Organization (UNIDO) under the auspices of the Tokyo International Conference on African Development (TICAD) Initiative, these workshops were held in the framework of follow-up to the “Fourth Africa-Asia Business Forum (AABF IV)”, which took place in February 2007 in Dar es Salaam, Tanzania. The two groups went through a number of interactive sessions whereby the banking sector representatives carried out assessment of the past three years’ financial statements providing the SMEs entrepreneurs with business consultancy and financial advice for the sustenance and expansion of their businesses. Theophane Nikyema, the UN Resident Coordinator and UNDP Resident Representative in Uganda, congratulated the participants on their successful completion of the training and encouraged them “to further build on the skills and network acquired through the training with an even greater entrepreneurship” which in turn will contribute to poverty reduction in their respective countries. These workshops represent the second in the series of TICAD-sponsored capacity building seminars intended to enhance the entrepreneurial skills of African businessmen. The first workshops, which gathered SMEs and banking sector representatives from West and Central Africa, were held in April 2008 in Abuja, Nigeria. The results of these high-impact workshops will be reported to the TICAD Steering Committee to be held in early December 2008 in Tokyo, Japan. (www.ticadexchange.org) Data considers continuous staff empowerment and training as one of the key underlying principles to its success, and management is no exception. Data Fundi was duly represented at the AABF IV by the Managing Director, Mr. Edward Kasule Musisi. Getting empowered in such capacity development workshops is among the many ways management has successfully steered Data Fundi to the top, amidst the many challenges SMEs face in the struggle to keep afloat. Author : Datafundi (U) Ltd    Published on : 2008-12-15

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