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Enterprise Africa encourages private sector to support SMEs

Summary

Enterprise Africa is designed to work in close collaboration with local private sector groups, such as large corporations, banks, and consulting firms, in developing efficient SME support systems.

Together with UNDP Africa, the Private Sector Development Programme (PSDP) is also supporting “Enterprise Africa”, a programme which seeks to build entrepreneurship in the region by facilitating and coordinating SME support. For example in Botswana, the programme is working with Shell Botswana and Debswana Mining Company on a capacity building initiative where these private sector companies provide financial contributions to the programme, representation on advisory board, contribute to training programmes and participation in bankers seminar.
Through the Enterprise Africa initiative, UNDP is also working with the private sector in Ghana, Zimbabwe and South Africa to provide financial contributions to the programme, support access to credit and contribute to training programmes and post training services as well as collaboration in programme implementation.