With the aim of fighting unemployment, Ouagadougou City Hall, through the Youth and Employment Coordination, organized on July 1st and 2nd 2020, a training session in entrepreneurship for young people in the twelve districts of the capital. An initiative made possible thanks to the technical support of the Ministry of Youth, Employment and Promotion of Youth Entrepreneurship.
Over the course of 48 hours, more than fifty young entrepreneurs or simple project holders were trained in business creation, marketing and business plan writing. The closing ceremony was chaired by the mayor of the commune of Ouagadougou, Armand Pierre Béouindé.
Read more about the training session in entrepreneurship organized in Ouagadougou and be the first to find out the most important economic news in the world with the Born2Invest mobile app.
The mayor knows how important entrepreneurship is in order to develop the country’s economy
For the mayor, this training aims to reduce the unemployment rate because, for him, entrepreneurship is the only way to create more jobs for young people. He encouraged the participants to more creativity, leadership and self-sacrifice to realize their dreams and contribute to the development of the commune of Ouagadougou. “This reassures me because tomorrow, in this city of Ouagadougou, we will have young people capable of creating wealth, added value,” he exclaimed.
While thanking the Ministry of Youth for its technical support and the patron of the training, Alexandre Kabré, Managing Director of Ecodata, Armand Pierre Béouindé expressed the readiness of the city council to accompany the participants through “Initiative Ouagadougou”. This is an agreement between the city council of Ouagadougou and an investment company, to financially support young project leaders with interest-free loans.
For the communal coordinator of Youth and Employment, Mamounata Ouédraogo Kiemtoré, this training has made young people aware that, despite its efforts, the State cannot employ everyone. The training will enable some young people to reorient themselves towards entrepreneurship in order to integrate professionally.
“After the training session, there is technical support, especially for the preparation of their business plans, because it is the basis for entrepreneurship,” she said on the follow-up to this two-day training session. Among the participants are students, beginning entrepreneurs, women, etc. Mamounata Ouédraogo Kiemtoré adds that “there were only 58 young people, taking into account the coronavirus pandemic; otherwise there would have been a lot more participants.”
Alexandre Alassane Kabré, founder of the economic intelligence firm “Ecodata” and the agricultural innovation platform “Agridata”, was asked to sponsor and coach this training. According to him, the young people were motivated and committed. That is why he is committed to supporting 50 young people in the development and drafting of their business plans. “For an entrepreneur, there are two main tools for getting started: the business plan is the dashboard and then the starting fund. Once these two are in place, you can get started,” he concluded.
On the participants’ side, it’s satisfaction and the desire to do better. For Ramata Diallo, this training comes at the right time. She said she learned how to develop a marketing strategy, something she didn’t know before. This explains, according to her, her failure in selling cosmetic products. After this training, she plans to make a change, but this time in the restaurant business. The ceremony ended with the presentation of certificates to the participants and the traditional group photo.
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in lefaso.net, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
Cepsa Plans to Build a Hydroproduct to Import Hydrogen from Morocco
According to Cepsa's chief executive, the industry needs a hydrogen price of between $2 and $2.5 and around $3 or...
Same Old, Same Old Crummy Market
But these are little issues compared to the performance difference between the stock market and commodities seen since November 2021. Has...
Stock Markets Have Definitely Seen Better Days
It has been the worst start since 1939. Yes, we have to go back that far to find a year...
What is the Best Social Media for Your Business?
It’s time to dispel the myth of the “best social media for business”. Learn more about the demographic data behind...
Amateur Sports Leagues Win Big as FOXD Network Partners With CXSports
Aimed squarely at amateur and semi-professional sports leagues and teams, sports broadcaster FOXD Network has just partnered up with CXSports....
Cannabis2 weeks ago
The Global CBD Gummies Market Will Reach $12 Billion by 2028
Featured2 weeks ago
Understanding the Fed’s Rate Hike: the Long Term Goal of 2.0% Inflation
Featured2 weeks ago
Why Rice Supplies Are Tight and Demand Is Holding Together
Cannabis2 weeks ago
Why the Cannabis Market Has Growing Investment Prospects