Private Sector | Enabel - Belgian Development Agency

Private sector

private sector

The private sector is the principal engine of economic growth and can also contribute to inclusive and sustainable economic growth. In order to boost local economies and increase sustainable trade Enabel supports the private sector in its partner countries: We do so by improving the business climate and by stimulating entrepreneurship.

WHAT WE DO

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Enabel supports private sector players through grants, competitive funds, expertise and support to business incubators, with a special attention to women in business. We promote a favourable business environment, we support skills development through vocational training and we assist micro, small and medium-sized enterprises in advancing their business.

Improving business environments

Together with our partner countries we invest in skills development, improved infrastructure and an educational system which is adjusted to labour market needs. Enabel believes in the need for good governance and up-to-date fiscal and legal frameworks to provide a conducive environment for private sector investments.

Strengthening value chains and economic sectors

Strengthening value chains means supporting everyone involved in production, from the farmer who grows pineapples, to the small enterprise collecting them, the medium enterprise cleaning and packing the fruit, the enterprise providing solutions to packaging or shipping or the plant processing the pineapples into juice or the outlet selling the end product to an individual. We assist our partners to professionalise producers’ organisations and improve product quality, to enhance management capacities and gain better access to markets. In Senegal, for example, Enabel supports the development of agro-industrial infrastructure . In Burkina Faso, we promote sustainable entrepreneurship in order to encourage the emergence and consolidation of small and medium-sized businesses in the green economy, agribusiness and small-scale production. In Guinea, we focus on inclusive firms in various growth sectors such as telecommunications and crafts. We support Rwanda’s efforts to develop the poultry and pork value chains, by attracting private investments on the one hand and helping family production to professionalise on the other. In Benin our primary focus is on the pineapple value chain as well as the cashew industry.

Creating and developing businesses

The third action domain regards strengthening entrepreneurs and businesses by ensuring they benefit from adapted services, so they can grow and improve their performance, and thus create social and economic added value as well as jobs.
We focus on improving the match between the offer of financial and non-financial services and the demands of businesses. We do not offer financing, but by supporting initiatives, building capacities and putting parties in touch, we ensure that entrepreneurs on the one hand meet the conditions for receiving financial products by local financing actors, and on the other, that such local financing actors (such as microfinance institutions) increasingly offer adapted solutions. In some cases, we are involved in risk mitigating mechanisms, such as guarantees. We combine this with Business Development Services including mentoring and coaching in management, marketing, sales and HR. Special attention is given to the specific needs of female entrepreneurs. 
Furthermore, the Trade for Development Centre provides coaching and direct business development support to fair trade businesses, producers and cooperatives.

STAY INFORMED

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