{"id":24946,"date":"2022-08-27T15:04:53","date_gmt":"2022-08-27T15:04:53","guid":{"rendered":"https:\/\/www.africa-press.net\/rwanda\/all-news\/development-bank-of-rwanda-african-management-institute-enable-rwandan-businesses-to-be-resilient-to-risk"},"modified":"2022-08-27T15:37:26","modified_gmt":"2022-08-27T15:37:26","slug":"development-bank-of-rwanda-african-management-institute-enable-rwandan-businesses-to-be-resilient-to-risk","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/rwanda\/economy\/development-bank-of-rwanda-african-management-institute-enable-rwandan-businesses-to-be-resilient-to-risk","title":{"rendered":"Development Bank Of Rwanda, African Management Institute Enable Rwandan Businesses To be Resilient To Risk"},"content":{"rendered":"

Africa-Press – Rwanda. <\/strong><\/span>The Development Bank of Rwanda and the African Management Institute are working together to ensure businesses in Rwanda can face the future with confidence and be resilient to risk.<\/p>\n

Through this innovative partnership 32 entrepreneurs and their senior managers from 27 businesses across Rwanda have graduated from the AMI\u2019s \u2018Survive to Thrive\u2019 programme, which supports entrepreneurs to protect their businesses against risk, navigate some of the pandemic challenges, build resilience and growth.<\/p>\n

As a result of the partnership, the entrepreneurs completed AMI\u2019s four-month \u2018Survive to Thrive\u2019 programme where they learned how to plan for and navigate around a range of challenges like reduced revenue and cash flow, they were taken through the dynamics of customers and market as well as learned how to plan for growth.<\/p>\n

All 32 graduates received their certificates of completion this morning at Lemigo Hotel, where they were able to meet and interact with representatives from the Development Bank of Rwanda and the Mastercard Foundation who fully covered the entrepreneurship programme under the Hanga Ahazaza Initiative.<\/p>\n

AMI\u2019s business coaches and experts equipped the graduates with a wide range of business development knowledge and skills.<\/p>\n

They participated in high-impact capacity building sessions on effective business management, risk assessment as well as financial planning and reporting.<\/p>\n

Following the training, 94% of them reported an increase in revenue, 79% reported an increase in profit and 68% reported to have created jobs.<\/p>\n

\u201cCongratulations to all entrepreneurs who have graduated! In today\u2019s business world, effective risk management plays a vital role. Our \u2018Survive to Thrive\u2019 programme provides a one-of-a-kind opportunity to Implement research-backed business practices that lead to growth. I am more delighted that this is the first in-person graduation under the Hanga Ahazaza Initiative since the beginning of the COVID19 Pandemic. We are delighted to have partnered with the Development Bank of Rwanda to support entrepreneurs and strengthen their business resilience. \u201d said Malik Shaffy, AMI Rwanda Country Manager.<\/p>\n

To ensure the programme attracts qualified applicants, BRD supported AMI\u2019s outreach efforts and disseminated programme information to its wide network of entrepreneurs. Commenting on the partnership, Kampeta Sayinzoga, the Chief Executive Officer of the Development Bank of Rwanda said:<\/p>\n

\u201cFor many years, the Development Bank of Rwanda has provided innovative financial solutions to achieve sustainable socio-economic impact. Private sector businesses are the backbone of our economy, and we strive to ensure entrepreneurs have adequate skills and knowledge required to succeed whilst achieving their optimal potential. Partnering with the African Management Institute boosted our strategy to spur our technical assistance and business advisory to our valued stakeholders.\u201d<\/p>\n

The graduation ceremony provided an opportunity for entrepreneurs to share insights on the skills and knowledge they gained from the programme and how it\u2019s going to be beneficial for their businesses.<\/p>\n

\u201cIn the world of business today, you have to continuously learn to keep up with demand and competition. I\u2019m grateful to the African Management Institute and the Development Bank of Rwanda for always empowering entrepreneurs in Rwanda,\u201d \u2013 said Melanie Mukamugema, one of the programme graduates from Energy and Education.<\/p>\n

In addition to learning how to protect businesses against risks, beneficiaries of this partnership had access to a community of entrepreneurs who have successfully graduated from AMI programmes, networking events and will continue to benefit from AMI\u2019s world-class business tools, and resources.<\/p>\n

For More News And Analysis About Rwanda<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Rwanda. The Development Bank of Rwanda and the African Management Institute are working together to ensure businesses in Rwanda can face the future with confidence and be resilient to risk. Through this innovative partnership 32 entrepreneurs and their senior managers from 27 businesses across Rwanda have graduated from the AMI\u2019s \u2018Survive to Thrive\u2019 […]<\/p>\n","protected":false},"author":84,"featured_media":24945,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,28],"tags":[760,763,758],"class_list":["post-24946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-rwanda","tag-rwanda"],"yoast_head":"\nDevelopment Bank Of Rwanda, African Management Institute Enable Rwandan Businesses To be Resilient To Risk - Rwanda<\/title>\n<meta name=\"description\" content=\"The Development Bank of Rwanda and the African Management Institute are working together to ensure businesses in Rwanda ...\" \/>\n<meta name=\"robots\" content=\"index, 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