Multinational - African Training and Management Services (ATMS) Project / African Management Services Company (AMSCO)


Project Summary

Approval Date 16 Jun 2004
Signature Date 26 Oct 2004
Planned Completion Date 31 Dec 2008
Last Disbursement Planned Date 31 Dec 2008
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 15124
Commitment U.A 1,598,956.14
Status Completion

Project General Description

The present intervention concerns a grant of UA 1.6 million for the African Training and Management Services Project (ATMS / AMSCO) to support the development of SMEs in ADF. The ATMS / AMSCO Project was launched in 1989. It is a joint initiative of the United Nations Development Program (UNDP), the International Finance Corporation (IFC) and the African Development Bank Group (AfDB), which is supported by a international private companies and a number of multilateral and bilateral donors. The Project helps African businesses become more competitive by seconding experienced managers to them and supporting their training efforts to improve managerial skills whose insufficiency is considered as one of the main causes of the poor performance of companies on the continent, in particular SMEs. The program is based on a two-part structure: i) a foundation, the ATMS Trust Fund which serves as a vehicle for donor grants; and ii) AMSCO BV, a limited liability company that manages the program. Under this mechanism, AMSCO is the project's means of intervention. This grant will strengthen the program and improve the quality of its services through the funding of the cost of management services, executive development activities and training.

Project Objectives

The ATMS Project is a unique program that aims to help the private sector, especially SMEs. It focuses on developing locally run viable businesses by seconding expatriate managers to them for a period of 2 to 3 years. As an integral part of the services provided under the Project, AMSCO - its medium of intervention - is also developing and executing a comprehensive training program for managers and local staff to enable them to ensure the succession of expatriate managers and maintain the level of performance of the company at the end of the contract.

Beneficiaries

The project will mainly benefit private sector SMEs in ADF member countries.

Participating Organization

Funding
African Development Fund
Implementing
ATMS - AFRICAN TRAINING AND MANAGEMENT SERVICES

Information

IATI identifier 46002-P-Z1-KF0-007
Last Update 02 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
7.1881 21.09375 Africa