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Rwanda: Global Banking Firm to Empower Women

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East African Business Week (Kampala)

12 May 2008
Posted to the web 12 May 2008

Bosco Hitimana
Kigali

Goldman Sachs, a leading global investment banking, securities and investment management firm is set to empower Rwandan women through business education.

The initiative announced last week seeks to provide to 10,000 women in developing countries with business skills and Rwanda is one of the beneficiaries.

The programme will be implemented in Rwanda by Rwanda's School of Finance and Banking (SFB) in support of the William Davidson Institute (WDI). WDI is in partnership with Goldman Sachs Group Inc.

"In many of these countries, there is very little entrepreneurial activity and very few women receive even a basic education," the executive director of the WDI, Mr. Robert Kennedy said.

"A programme like this is an investment in the part of the population that has been neglected and whose talents are not being used. Entrepreneurship education gives women a leg up in gaining wealth, becoming independent, and participating in the transformation of their countries," he added.

WDI, housed at the Ross School of Business, is one of a select group of leading institutions and business schools partnering with Goldman Sachs to work with the School of Finance and Banking (SFB) in Kigali to offer this exciting opportunity to Rwandan women.

"The generous support of Goldman Sachs will be particularly relevant to Rwanda, and go a long way in ensuring that women are no longer marginalised but empowered to take up their rightful places in all facets of society," the rector of SFB, Prof. Govender said.

Relevant Links Central Africa Banking and Insurance Economy, Business and Finance Rwanda Women and Gender

Goldman Sachs approached WDI several months ago, seeking ideas of ways to work together to positively impact the lives of women in the central African country.

AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.

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Copyright © 2008 East African Business Week. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections -- or for permission to republish or make other authorized use of this material, click here.

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