Africa Business

Entries from March 2008

Business Training opportunities for African Women.

March 6, 2008 · Leave a Comment

Goldman Sachs a leading world financial services provider has announced that over the next five years it will fund training scholarships for 10,000 business women in the developing world, including Africa. The scholarships will be run jointly with US and UK universities and, for Africa, will take place in the following universities.

American University in Cairo, Egypt
Pan-African University, Nigeria
School of Finance and Banking, Rwanda
United States International University, Kenya
University of Cape Town Graduate School of Business, South Africa
University of Dar es Salaam, Entrepreneurship Centre, Tanzania
Judge University of Cambridge with Camfed, Zambia.


The schools will work together to establish or expand certificate programs ranging from 5 weeks to 6 months that could include courses in marketing, accounting, market research, writing a business plan, strategic planning, accessing capital and e-commerce.

Camfed Zambia is expected to create two innovative certificate programs for female high school graduates. The first certificate will cultivate basic business literacy, entrepreneurship and leadership development through an intensive summer residential program for young women who have just graduated from high school. The second certificate will be a part-time, two-year certificate program for women who are employed or enrolled in postsecondary career training as nurses and teachers to augment their skills with financial management and entrepreneurial training. The program will also offer coaching, personal development and networking resources. Camfed is estimated to benefit 560 women.

Pan African University in Lagos is expected to expand a well-established 5-month certificate program at the Enterprise Development Services (EDS) that uses a hands-on case study approach to develop core skills of women owners of small and medium-sized businesses, such as sales and marketing, strategies for growth and writing a business plan. Goldman Sachs will provide scholarships for additional women, expanding access to those who would otherwise be unable to afford the tuition. An estimated 250 women are expected to benefit

The University of Cape Town is expected to adapt its graduate level course to reach a wider audience. All participants, both graduate students and other students – will likely receive a certificate upon completion. UCT and Goldman Sachs will expand their Raymond Ackerman Academy of Entrepreneurial Development 6-month program into Soweto to enable deserving young women to strengthen their business skills and receive certificates upon completion. An estimated 220 women are expected to benefit.

The University of Michigan and School of Finance and Banking in Rwanda will develop a two-track business education program. The first provides scholarships and housing assistance to women pursuing undergraduate business.The program will offer 4-year BA and 6-month certificate programs for qualified but indigent women. The project will reach an estimated 375 women.

Columbia University and the University of Dar es Salaam will work together create two new certificate programs in entrepreneurship and management within their existing entrepreneurship center targeted at 500 women.

Wharton university and American University in Cairo will work together to create a 5-week certificate program focused on professional leadership, management, and entrepreneurial skills including: accounting, market research, marketing, accessing capital, writing a business plan, strategic planning and e-commerce. Participants will receive an accredited certificate. The curriculum includes field work with local businesses and connectivity to mentor networks and is projected to reach 500 women.

For more information please contact the relevant university.

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