University of Kigali in partnership with the Private Sector Federation and the Cairo based international business driving license (IBDL) plan to offer entrepreneurship and business development skills to nearly 1000 young entrepreneurs from Rwanda.
This is contained in a memorandum of understanding that was signed on Tuesday 20, 2017 by the three parties in a ceremony that took place at the University’s main campus in Kacyiru-Kigali.
From Left to Right:the Deputy Egyptian Ambassador to Rwanda, His Excellency, Mr. Sherif GAMIL, Dr. Mohamed Galal , the Chief Development Officer IBDL-Africa, with the microphone, Mr. Stephen RUZIBIZA, the PSF Executive Director, Mr. AFRIKA Philibert, UoK Chairman, Board of Directors, Mr. Sam AINE, one of the University promoters and extreme right , Sheikh HABIMANA Saleh , the Rwandan Ambassador to Egypt at the MOU signing ceremony at the UoK main campus, Kacyiru-Kigali.
This is within the framework of supporting young businessmen in Rwanda to put their dreams into reality as soon as they start their business operations. The programme will further boost investment and create around 10,000-30,000 jobs country wide hence addressing the unemployment problem that is widespread among the youth in the country.
As part of the experiment to see how the whole process could be implemented, around 50 young entrepreneurs from the PSF Chamber of young entrepreneurs have been undergoing training for the last five days at University of Kigali premises.
From left, Dr. Mohamed Galal , the Chief Development Officer IBDL-Africa, in the middle, Mr. Stephen RUZIBIZA, the PSF Executive Director and extreme right, Mr. AFRIKA Philibert, UoK Chairman, Board of Directors exchanging documents at the MOU signing ceremony at the main campus in Kacyiru-Kigali.
Speaking after the signing of the MOU, the executive Director of the Private Sector Federation, Mr. Stephen RUZIBIZA, said that as the agreement stipulates, visits would be made to various business sites to advise the young entreprenueurs on how to develop and expand their operations. He added that though this programme has started with young people, in future it would be extended to different sections of society interested in undertaking business ventures.
‘’ In most cases, business fail to continue with their operations because of lack of entrepreneurship skills and knowledge. We are going to identify the business groups and the skills they lack.
All the concerned parties are going to work together to address this matter and ensure that we support business development in the country,’’ said the PSF chief.
University of Kigali Executive chairman, Mr. AFRIKA Philibert, thanked the Egyptian Government and the Private sector federation for this partnership that comes to address a very sensitive economic issue that will pave way for investment and business growth in Rwanda.
‘’ This programme has started with young entrepreneurs who are already in business but soon , we shall extend it to even those who have not ventured into business so that they can develop their business ideas. To bear good fruits, this program will also benefit the ongoing university students so that they can without fear start businesses after their education,’’ said Mr. Afrika, a senior banker and development economist.
Dr. Mohamed Galal, the IBDL Chief Development Officer –Africa, exchanging documents with the PSF Executive Director, Mr. Stephen RUZIBIZA and the UoK Chairman, Board of Directors, Mr. AFRIKA Philibert. Looking on from the right is Mr. Sam AINE, one of the University promoters.
Dr. Mohamed Galal, the IBDL Chief Development Officer –Africa said that the purpose of the collaboration is to build entreprenual skills that can further develop the private sector in Rwanda.
‘’All this geared towards developing business strategies to create employment in Rwanda. This would be achieved through offering business courses, delivered by IBDL in collaboration with the other parties. We indeed plan to have this plan on a long term basis so that it can have an everlasting impact to the Rwandan economy,’’ said the Egyptian expert.
The Rwandan Ambassador to Egypt, Sheikh HABIMANA Saleh, revealed that there were a lot of business opportunities in Egypt that could be exploited by Rwandans.
‘’Egypt is a well developed country in terms of trade and industry. Besides that it is a gateway to the Arab world and so any business cooperation with this country can lead also to the business expansion with other countries. Let’s utilize this opportunity to develop our country, ‘said the Rwandan Diplomat.
Sheikh HABIMANA Saleh, the Rwandan Ambassador to Egypt at UoK Main campus-Kacyiru.
As part of the agreement, University of Kigali would provide the required infrastructure, experts to train the young entrepreneurs and prepare exams to assess the trainees.
The function was also attended by the Deputy Egyptian Ambassador to Rwanda, His Excellency, Mr. Sherif GAMIL and other officials from the university and the private sector federation.
The first batch of young entreprenueurs who benefited from the the first phase of the training at UoK.