Angola Enterprise Programme

 

Project Short Title: Angola Enterprise Programme (AEP)

AEP Focal Point: Kamia Carvalho

International Expert/Advisor:  Vacant

Project Documents
Evaluation Reports

Title:

00040754 –  Angola Enterprise Programme

Duration:

Starting Date: June 2004  - Ending Estimate date: June 2007 - Extended until 30 September 2009

Status: Ongoing

Budget Amount:

$ 4,000,000.00

Source of Funds:

TRAC 1 and Cost-sharing (Chevron)

Key Achievement Need:

To create a robust and dynamic micro, small and medium enterprise sector, thus contributing to poverty reduction through generation of employment and raising the incomes of the people. This goal will be achieved by creating an enabling environment for businesses to flourish and grow in Angola and in building the capacity of local institutions in providing quality and continuous microfinance and other business support services to local entrepreneurs.

Modality of Execution:

DEX

Partnership

Chevron, Ministry of Planning, infoDev- WorldBank, INEFOP, UCAN, BNA, DW, Banco Sol, NovoBanco, MINFAMU, UNCDF, Camara de Comercio

Brief Description:

Brief description: Angola Enterprise Programme is a Public-Private Partnership that seeks the cooperation and support of various organizations from the Government, donors, the private sector, academia, NGOs and civil society organizations to promote a vibrant Angolan private enterprise sector.  To achieve this, AEP support is focused on three areas: (1) creation of a conducive business environment through formulation of appropriate policies and regulations and in organizing public debates to raise awareness of issues and challenges on enterprise development; (2) expansion of the supply of credit and microfinance services, and (3) introduction of new models of business development  services (BDS) through the strengthening of various centers of assistance to entrepreneurs.

Expected results:

1.0 New models of BDS service centers established to include:

1.1 A business incubator that will provide a common facility and continuous business counseling services and training to in-house and external client-entrepreneurs;

1.2 25 Business Development Service (BDS) Providers capacity have been strengthened to be able to provide quality BDS to entrepreneurs on a commercial basis; and

1.3. Small Business Resource Center to serve as a one-stop-shop for business information.

2.0 Promotion of microfinance through:

2.1. Strengthened capacity of 3 microfinance institutions to be able to provide  sustainable microfinance services to a growing number of poor and disadvantaged people (target client outreach over 30,000).

2.1. Supported the Government in the process of drafting a Microfinance Policy

3.0 Creating an enabling business environment through:

3.0 Studies/researches conducted and forums/public debates organized  to foster greater understanding of the issues, challenges and opportunities of the private sector and in aid for the formulation of policy, programme or projects and other interventions to stimulate the development of an inclusive private sector development in Angola, where micro and small entrepreneurs will actively participate and benefit from it.

Target areas

The project has been mainly implemented in Luanda but has gradually expanded to Benguela, Cabinda and Huila. It is expected that the services of microfinance institutions and BDS providers assisted by AEP has expanded its outreach to other provinces. The results of studies have been disseminated nationwide while forums/public debates endeavored to include participation of various sectors from all over the country