Multinational - Grant to African Management Services Company (AMSCO)


Project Summary

Approval Date 16 Nov 2000
Signature Date 04 Apr 2001
Planned Completion Date 31 Dec 2002
Last Disbursement Planned Date 31 Dec 2002
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 11330
Commitment U.A 1,133,054.51
Status Completion

Project General Description

This project involves a US $ 1.5 million grant from the FAT to support AMSCO / ATMS project activities as part of the African Management Services Company's (AMSCO) Strategic Plan for 1998-2002. AMSCO was established in 1989 by donors to carry out the African Training and Management Services (ATMS) Project. It is a joint initiative of the UNDP, the IFC and the ADB. The project aims to address the problem of shortage of trained and experienced managers which has been considered as one of the main causes for the weak performance of enterprises on the continent.

Project Objectives

The project will allow AMSCO to pursue two types of activities: secondment of qualified and experienced management staff to African companies and training of managers and staff of these companies. The goal is to help local businesses become profitable, competitive, self-reliant and integrated into the international business community and contribute to the development of African economies.

Beneficiaries

The project will mainly benefit private sector SMEs in all the Bank's regional member countries, including those in North Africa.

Participating Organization

Funding
African Development Fund
Implementing
African Training Management Services ATMS

Information

IATI identifier 46002-P-Z1-K00-008
Last Update 01 Dec 2022

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Contact Details

Name ZEGERS Robertus Paulus Johannes
Email r.zegers@afdb.org

Geographic Location

Country Multinational
Coordinates Location Name
-26.2023 28.0436 Johannesburg