ULK HOSTS A CONFERENCE ON PRIVATE SECTOR DEVELOPMENT
On 9th May 2017, Kigali Independent University ULK, hosted at its Kigali Campus, a conference on Private Sector Development. It is an event that had attracted people from all walks of life such as lecturers from Kigali Independent University ULK, their counterparts from the University of Rwanda, members of Private Sector Federation here in Rwanda, ULK students and senior management , staff of International Finance Corporation( IFC) to mention but a few.
In his welcome remarks, Prof. Dr. Rwigamba Balinda, the Founder and President of Kigali Independent University ULK, thanked everyone for having valued the conference through their participation. Having thanked each and everyone, the Founder and President of ULK, proceeded with having a say on the role of private sector in a given country. As he put it, without private investors, the development will hardly be achieved.
Shortly after Prof. Balinda’s remarks, the floor was given to Dr. Oumar Seydi, IFC’s regional Director for East and Southern Africa to throw some light on what IFC is all about. In so doing, he said that IFC ( International Finance Corporation) was established in 1956 as a sector of the World Bank Group focusing on the alleviation of poverty and creation of jobs through the development of private enterprise. Having briefly given the historical background of IFC, Dr. Oumar invited the main speaker, Dr. Hans Peter Lankes,IFC’s Vice President of Economics and Private Sector Development, to disclose his message.
In his talk, he repeated the statement articulated by the Founder and President of ULK and went further to insist that their focus is now on Africa, the continent which still lags behind when it comes to development and private investment.
From start to finish, the audience could be seen nodding their heads and listening intelligently as a sign of being interested in what was being said. It is in this framework that when the main speaker’s message touched its climax, a lot of people shot up their hands to ask questions and all of them were answered to everybody’s satisfaction.
It is after reacting to the raised questions that Dr. Okoko Osambo, the moderator of the function, declared its end.