news - FMO provides capacity development funding for sustainable investment into African SMEs

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FMO provides capacity development funding for sustainable investment into African SMEs

April 25, 2016

Today, FMO signed a Capacity Development contract with Invest In Africa (IIA).

IIA is a not-for-profit organization that connects and supports businesses across sectors to deliver more sustainable investment into local small and medium enterprises (SMEs) in Africa. IIA creates innovative programs to support investment into local economies and SMEs, providing greater access to skills, markets and finance. The beneficiaries of this project are Ghanaian SMEs, many of which are clients of FMO’s clients in the country.

The capacity development funding aims to support IIA’s Business Skills Excellence Program (BSEP) in Ghana. IIA will link SMEs with global consultants to embed the right strategies to make them locally, regionally and internationally competitive. IIA is has partnered with EY to provide expert consultants with SME advisory experience to develop bespoke systems and structures to support SME management teams as they grow their business.