| From
Oral to Formal
African
businesses need to enter the electronic age. With USAID funding,
IBI helped woman-owned small businesses change from oral to electronic
record-keeping communications. This changes helped shift activities
from uniquely local to regional and global. 195 businesswomen, most
unfamiliar with a keyboard, were trained to use email for business
and to search the web for suppliers, comparative pricing, and research
on the competition in their field. Eighteen learned to use teleconferencing.
Women learned the implications for their businesses of local business
law, ECOWAS' movement towards customs union, and AGOA, as well as
how to register an organization, create by-laws, open bank accounts,
transfer money across national boundaries without hand carrying
it, render transparent auditable accounts, and judge which banks
to approach to obtain credit. Business linkage events co-sponsored
with the Corporate Council on Africa brought nearly 150 women in
touch with customers and suppliers and taught them how to study
distant markets taste preferences, packaging and labeling, and export/import
requirements.
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