American Chamber, Bank M train over 1000 youth entrepreneurs

20Jun 2016
The Guardian Reporter
The Guardian
American Chamber, Bank M train over 1000 youth entrepreneurs

ABOUT 1,000 youth who included students and young entrepreneurs received a one-day training in a campaign dubbed ‘Bridge to Success’ organised by American Chamber of Commerce in Tanzania (Amcham-Tz) in partnership with Bank M.

Empower Managing Director Miranda Naiman (3rd left) gives her business success story as other youths (from left) Julius Shirima, Managing Director Darecha and Abir Ibrahim, CEO of Inua Naturals watch during a one-day training seminar organised by the American Chamber of Commerce in Tanzania (Amcham-Tz) in partnership with Bank M. Right is Maria Sarungi, the event moderator

The training, which was held at the Julius Nyerere International Convention Centre (JNICC) in Dar es Salaam, sought to mobilise youth into taking part in building the growing economy.

Bank M said in a statement yesterday that the seminar focused on youth entrepreneurship and shared practical ways they take to start and build successful ventures for employment creation and improved living standards.

The big turnout indicated that entrepreneurship is a sector which needs to be promoted at the national level, interviewed participants said.

One of the organizers, Richard Miles said he was encouraged to see efforts made by young Tanzanians to identify problems, develop solutions, and establish businesses.

“Our seminar combined not only professional guidance from experts, but also showcased young Tanzanians who are out there building successful businesses right now,” Miles said.

He added: “I think participants learnt as much from their examples, and hopefully were inspired to go out and start businesses of their own for income generation, wealth creation and employment.”

Amcham-Tz board member Gaidi Faraj expressed his happiness at the outcome of the event saying: "As an association of corporate members, we see many gaps in the market, gaps that spell opportunity for entrepreneurs who take advantage of them. We hope this event will pave the way for starting up dozens of successful businesses."

Bank M Chief Executive Officer, Jacqueline Woiso whose bank was the main sponsor of the event, said the outcome of the seminar made them feel very proud as sponsors.

“We have supported a programme which will have a big impact to the community, especially youth,” Woiso said.
The expert presenters included Miranda Naiman of Empower, Deborah Tien of Twende, Richard Miles and Fatma Fernandes of Abel & Fernandes.

Following the presentations, a panel discussion was moderated by Maria Sarungi.
Others sponsors of the event, were DAI, G4S, Khanga Rue Media, MMI Tanzania, CBA, EY, Best Western, Seacliff Court, Pepsi, Tayoa, Kiscafe, Print Galore, Kisima Water, Excel Management, and City Engineering & Africa Insight Advisors.

The American Chamber of Commerce in Tanzania was registered in 2010, and is a member organisation made up of over 125 US businesses investing and working in Tanzania.