Development Project (Nema) under the African Development Bank (AfDB) component dubbed: ‘Building Resilience against Food and Nutrition Insecurity’ in the Sahel (P2RS), recently held a four-day training on business planning and management of income generating activities for women and youth.
The training, held at the Regional Education Directorate in Basse, Upper River Region, was designed to help young people and rural women on ways to generate and manage their incomes.
Delivering his opening statement, Ousman M. Colley, Regional Agricultural Director, Central River Region CRR), advised participants to make the best use of the training, saying that it is high time that women and youth developed bankable business plans so as to access funding, particularly the agricultural matching grants available in the country.
Colley stated that the agricultural projects are doing their best in making funds accessible, which he said, was the reason of doing their project launching in all the regions of the country and conducting several trainings and sensitisations to reach out to rural dwellers.
He hailed the Nema/P2RS project for this timely training, adding that capacity building is fundamental in national development.
He indicated that with a small amount, one can start up a good business, positing that a well-developed business plan is critical for any start-up business.
The CRR Regional Agricultural director also advised participants to avoid failures in businesses.
Speaking on behalf of the Governor of the Upper River Region, Victor Baldeh, commended the Nema project for reaching out to rural youths and women, stating that the training will build their skills on entrepreneurship, business planning and management of their respective businesses.
Agricultural projects, he went on, are supporting and improving the livelihoods of rural youths and women, noting that it is through trainings of this kind that beneficiaries would have the opportunity to access grants.
For his part, Banky Njie, Nema/P2RS business development officer, stated that the training will be conducted in various locations across the country.
The P2RS, he said, will train 150 young people and women on ways to develop their skills in business planning and how to manage and increase their income in a chosen business activity.
He indicated that at the end of the training they will conduct an assessment of the participants and that successful participants will graduate to the next stage, where some funding will be provided to those who have demonstrated entrepreneurial competencies and willingness to use those funds to scale up or start their businesses.
Ade Joseph Taylor, Managing Partner, Executive Group Ltd, thanked the AfDB for supporting the training, noting that at the end of the training participants are expected to avoid failures in their businesses.
Taylor expressed optimism that with this kind of trainings, the future of rural women and youth in entrepreneurships will be brighter.
by Bekai Njie