RDB, AMI sign deal to provide training to over 2000 MSMEs

Rwanda Development Board (RDB) and the African Management Institute (AMI) have announced a significant collaboration aimed at providing free business recovery training to over 2,500 micro, small, and medium-sized enterprises (MSMEs) in Rwanda. The initiative comes as a response to the economic challenges faced by these businesses due to the impact of the COVID-19 pandemic. The partnership between RDB and AMI seeks to equip MSMEs with the necessary tools and knowledge to bounce back from the setback caused by the pandemic and to support their growth in the long term. Rebecca Harrison, CEO & Co-Founder of African Management Institute, discussed the details of the cooperation agreement in a recent interview with CNBC Africa. RDB and AMI's joint efforts aim to address the pressing need for support among MSMEs in Rwanda, particularly in the current economic climate. The initiative underscores the commitment of both organizations to the development and sustainability of small businesses in the region. Rebecca Harrison highlighted the importance of providing targeted training and resources to help MSMEs navigate the challenges they are facing. The collaboration focuses on delivering practical and relevant support to entrepreneurs and business owners in Rwanda, with the ultimate goal of driving economic recovery and promoting resilience within the MSME sector. The cooperation agreement between RDB and AMI represents a significant milestone in the efforts to support MSMEs in Rwanda. By combining their expertise and resources, the two organizations are poised to make a meaningful impact on the business landscape in the country. As MSMEs play a crucial role in driving economic growth and creating employment opportunities, investing in their recovery and growth is essential for the overall development of Rwanda's economy. The partnership between RDB and AMI reflects a shared vision of fostering entrepreneurship and innovation within the MSME sector. With the business landscape evolving rapidly due to the challenges brought about by the pandemic, the collaboration between RDB and AMI offers a timely and strategic response to the needs of MSMEs. By providing tailored training and growth tools, the initiative aims to empower MSMEs to overcome obstacles and seize opportunities for expansion and diversification. In her interview with CNBC Africa, Rebecca Harrison emphasized the importance of resilience and adaptability among MSMEs in navigating the current economic uncertainty. The partnership between RDB and AMI is designed to equip businesses with the skills and knowledge needed to thrive in a competitive market and withstand disruptions. The collaboration between RDB and AMI is expected to have a tangible impact on MSMEs in Rwanda, offering them a lifeline in challenging times. By providing free business recovery training and growth tools, the initiative sets a strong foundation for the revitalization and sustainability of MSMEs in the country. The partnership between RDB and AMI signals a renewed commitment to supporting the growth and resilience of MSMEs in Rwanda. As businesses continue to grapple with the effects of the pandemic, the collaboration offers a ray of hope and a pathway to recovery and prosperity.