G20 Foundation Publications Turkey 2015 | Page 58

58 DEVELOPMENT HUMAN AND FINANCIAL CAPITAL SUPPORT TO A FRAGILE STATE: ENABLING SUSTAINABLE GROWTH OF BUSINESSES “In 2014 AMSCO placed 321 managers in 213 client companies. 80% of the companies were SMEs. 121,861 jobs were supported. AMSCO provided training to a total of 3,447 people. Taxes paid by the AMSCO supported companies to African Governments amounted to US$229 million.” Fragile and conflict affected states pose a unique set of challenges to socio- economic development. These may include lack of (i) human and natural resource management, (ii) inclusive growth and (iii) government’s capacity to provide public and other basic services. Post the election conflict, the government of Cote d’Ivoire adopted a National Development Plan, in which four key areas were outlined for investment and innovation, including energy and industry development. In response to government’s call, human capital development organisation - African Management Services Company (AMSCO) provided management and skilling solutions to GEMA Construct, a local company that provides provide turnkey projects to the oil and gas, mining, agro processing and logistics sectors. AMSCO recognises that increasing investments in such areas lays the foundation for further development and increases opportunities for businesses to thrive. AMSCO supports Conflict Affected/Fragile States through partnerships with governments and private sector representative organisations. Interventions are targeted at job creation, support to the informal sectors and skills development for the unskilled and semi-skilled. AMSCO assisted GEMA to achieve its aim of designing and executing industrial and commercial projects in Cote d’Ivoire and the sub regional countries as well as successfully implement their corporate business plan. This involved the secondment of four professional managers in the areas of President and Managing Director, Foundry Production Director,