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aimed at developing skills to plan and assess investment projects, redesign projects to add value, prepare project financing agreement and address stakeholder concerns. The programme was also aimed at discussing issues pertaining to foreign direct investments.

Areas covered included modern techniques of finance, financial modelling, applied economic analysis, risk analysis and risk management as they are related to the appraisal of infrastructure projects. More specifically, the programme sought to develop the operational skills of participants to:

• Plan and evaluate infrastructure projects;
• Add value through the redesign of projects;
• Evaluate alternative financing options;
• Prepare project financing agreements; and
• Design strategies to address stakeholder concerns.

Seventeen (17) delegates, all from the Botswana Investment and Trade Centre attended the programme.


Project Appraisal for Small Medium Entreprises and Entreprise Development

3rd - 7th August 2015, Maseru, Lesotho

The programme was aimed at developing skills of appraising SME projects for financing, and the policy context of promoting entrepreneurship and enterprise development. Participants were guided to appreciate the context, culture and practices of SMEs and entrepreneurship as well as the SME development ecosystem in order to render effective support to client
entrepreneurs through evolution and development of viable business projects.

This training was attended by thirty four (34) participants from development finance institutions and governments from Angola, Lesotho, Namibia, Swaziland and Zimbabwe.


Leadership and Management Development Programme

13th - 15th July 2015, Windhoek, Namibia

The programme was aimed at upgrading and refreshing the leadership and management skills of senior and middle management staff in development finance institutions and similar institutions to be more effective in achieving results through effective utilisation of their staff. Understanding elements of a leadership culture was a critical point of reference in aligning and achieving an organisational purpose and equipping the target group with skills needed to interface between teams and senior managers and increase productivity, manage teams and resources efficiently.


The training was attended by twenty nine (29) participants representing three (3) countries in the region. Countries represented were Botswana, Namibia and Swaziland.


Finance for Non Finance Managers

8th - 10th July 2015, Windhoek, Namibia

This programme was developed to assist managers and decision makers appreciate the importance of understanding and interpreting financial information, and using such for benefitting various sections in the organisation.

In particular, the training assisted participants to:

• Have a helicopter view of Financial and Managerial accounting from a management perspective;
• Appreciate various methods applied in preparation of accounting information and its
impact on the statements;
• Gain some