LAST NEWS

FEBP, for an ethical profit!

Friday 18 June 2010, 09:47

On June 11th 2010, the RAFAD foundation attended the FEBP annual International Meeting.

The Foundation for Excellence in Business Practice, whose members are entrepreneurs of various nationalities, is empowered to encourage excellence in business practice: profitability cannot be the only one objective of doing business. Business is responsible toward to the future generations and should be based on some basic ethical principles. In this aim, the foundation regularly organizes conferences and forums to promote its vision of an ethical and sustainable profit.

The international Meeting of FEBP’s members was attended by entrepreneurs, as David Mengue Ela, from Cameroun, Isaac Thompson Amos from Nigeria and Sony N’Lemvo, from DRC (Democratic Republic of Congo), who all share this vision.

The conference, entitled « Partnership and quality for development of enterprises », had two related themes:
• The practice of quality in all aspects of a company’s operation
• Interaction with possible western partners.

Among FEBP key players were attending: Bernard Ivaldi, President (specialist in International and Bi-lingual education, Director General of the International School of Geneva and of the Geneva Campus of Webster University), Anthony W.Travis, senior partner (president of Swiss Africa Business Circle) and Roy G. C. Damary, Chairman (Managing Director of Technomic Consultants SA, a company dedicated to assisting international entrepreneurs).

Many contributors followed each other during the conference:
- Dominique Falque, who represented RAFAD and FIG, explained the role of guarantees in facilitating bank loans
- Oliver Lumenganeso, specialist on African investment : « Administrative barriers to foreign investment in developing countries »
- Yannick Bernard, Spinoza Asset Management SA : « An emerging market investment fund »
- James Clark, expert on quality : « A strategic opportunity »

This sharing of experience was the opportunity to reaffirm the will to set up a partnership for development of enterprises in Africa based on ethics.

Through their participation to this meeting, FIG and RAFAD renew their commitment to populations who want to create their enterprises and to contribute to economic development of their countries, by supporting micro-entrepreneurs in Southern countries, with issuing guarantees and through advice and network of expertise they bring them.



For more information www.febp.ch