World Bank provides further aid package to Mozambique’s companies

10 December 2010

Maputo, Mozambique, 10 Dec – Mozambique’s companies, especially small and medium-sized enterprises, are to benefit from subsidies for training human resources, under the terms of an aid package announced in Maputo by the International Finance Corporation (IFC), a branch of the World Bank.

The IFC aid package includes access to a business portal to carry out various types of activity and companies will not be charged for use of the portal and advertisements will earn them a minimum of US$100 per year.

In the area of training, the IFC is partnering six consulting companies, which as well as being responsible for setting the costs to be borne by the beneficiary companies, will support the “Business Edge” programme – a method of training designed to boost the management skills of entrepreneurs, owners and managers of SMEs as well as mid-level management staff of large companies.

“Business Edge” is made up of 51 courses in six key areas, specifically marketing, management of human resources, finance and accounts, operations management, marketing management, organisational behaviour and tourism and hotel management. (macauhub)