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IFC Launches Business Edge Training Program in Chad to Support Small Business Growth

Ndjamena, Chad, April 22, 2010 — IFC, a member of the World Bank Group, today launched its Business Edge management training system in Chad, 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. Business Edge consists of management training products in five topic areas (Human Resources, Marketing, Finance, Operations and Personal Productivity Skills), based on international curricula and adapted to the local business context.
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 Chad underlines IFC’s commitment to supporting private sector growth in the country,” said IFC Country Manager for Chad, Henri E. Rabarijohn.
IFC, in partnership with Univalor and NConsulting, has already certified 8 trainers to deliver Business Edge training in Chad, where small businesses dominate the private sector, but often struggle to obtain the support they need to grow. IFC will monitor their performance, ensuring that consistent quality standards are upheld.
IFC’s strategy in Chad includes increasing support to the small and medium-sized business sector; improving the business climate; and supporting direct investments in key sectors such as telecommunications and global manufacturing and services. IFC Advisory Services in Africa has two other programs in the country, Chad Enterprise Center and the Chad Business Forum, also helping small and medium-sized business development.
About IFC
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 .