USAID partners with private sector to promote entrepreneurship in Côte d’Ivoire

USAID partners with private sector to promote entrepreneurship

Press Release
Abidjan- February 20, 2018                                                                                

The United States Agency for International Development (USAID) is pleased to announce the signing on February 07, 2018 of a new partnership agreement with Entrepreneurial Solutions Partners (ESP) to promote small and medium-sized enterprises (SMEs) in Côte d’Ivoire.

The USAID Capacity Building Program for SMEs will create around 2,500 jobs, including 1,500 in rural areas.  This public-private partnership ambitions to transform the entrepreneurial landscape and to inspire a generation of youth and women leaders.

For this three-year program, USAID has allocated US $ 690,498.  ESP has matched up this contribution to US $ 810,870.  With the support of its partners Experts Comptables Réunis International and Kaizen Institute, ESP will provide technical assistance to help twenty SMEs. By the end of the program, they will understand the accounting and financial structure, the growth strategy and the operations and the upgrade process, tools that they will apply in the daily management of their business.

While Côte d’Ivoire seeks to consolidate peace, these national champions are the missing link in inspiring a generation of young people and women.

USAID Country Director, Mr. Jeff Bryan welcomed this new initiative that reflects the values ​​of the American people.  For him, the purpose of USAID’s assistance is to foster inclusive economic growth and create sustainable income opportunities so that USAID’s presence is no longer needed in Côte d’Ivoire.  “We are delighted with this partnership with a team of young Ivoirians and Africans who will participate in the well-being of people living in Côte d’Ivoire,” he declared.