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Ascending Bet On “Local Content”

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18 Nov 2020

Ascending Bet On “Local Content”

ASCENDING Mozambique, a company dedicated to the management of training centres, professional technical training, recruitment and temporary work, which results from the acquisition of CAPITAL OUTSOURCING GROUP, previously owned by South African group ADCORP, will invest 180,000,000.00Mts in the next 3 years to boost professional technical training, with emphasis on specialties related to the exploitation of natural resources.

With the experience accumulated since 2008, first as the CAPITAL, and now as Ascending, the company has provided for strategic investments, in order to be prepared for the present and future challenges of the Mozambican economy and the increasing demand for qualified national labour.

The desire to acquire the company emerge from the local managers, realizing that there was a clear process of disinvestment by ADCORP in Mozambique, in counter cycle with the opportunities of growth in the country. “This is a big step for us, because not only gave greater motivation, belief, stability and confidence to the team, but we also consider that it will contribute to consolidate the previous investments made by the company, such as the creation of a Vocational Technical Training Centre in Pemba under a Memorandum of Agreement signed with IFLELAC, and above all, allow strategic and operational decisions to be made locally, with a “Mozambican accent”, said Nelson Costa, representative of the company’s majority shareholder and Chief Financial Officer of ASCENDING.

ASCENDING will shortly launch, in partnership with IFPELAC, in the training centre of Pemba, inaugurated by His Excellency the President of the Republic Filipe Jacinto Nyusi in 2016, several innovative training courses aimed at young Mozambicans who want to obtain key qualifications for entry into the labour market, in particular on the exploration of hydrocarbons and mining.

For Hilário Cumbe, that accumulates more than 10 years of international experience in the area of professional training for Oil and Gas and Technical Director of the ASCENDING Pemba Training Centre, “The responsibility lies with us as trainers of Mozambican staff is huge, because on the one hand we need to ensure that the local content plans are completed, without ever undermining the commitment to the quality that Multinational companies must follow and to comply with duly certified international standards. ” Hilário Cumbe, Mozambican, said that “there is an urgent need to establish partnerships with commercial operators and relevant institutional entities in order to align curriculum’s with market needs.”

ASCENDING plans to invest 180,000,000.00 Mts in the next 3 years to strengthen and improve the installed capacity in vocational training centres under its management. “The investments are in accordance with the 4 key vectors for ASCENDING’s success: Ethics, Rigor, Cooperation and Ambition. Ethics in the form and the company, Accuracy in commitment to the results of our customers and trainees, Cooperation in institutional relations with our public and private partners and with the renewed ambition to be a relevant company in the area of training and in Labour Force Management, “Nelson Costa says.

Currently, Ascending, manages the Pemba training centres under a memorandum of understanding with IFPELAC of the Boane centre, MATC. In 2018, about 1800 young Mozambicans were trained and inserted in the labour market, between 20 and 32 years old, and considers that there is great potential for growth.

Philip Schnitzer, Commercial Director of ASCENDING, affirms that “Mozambique has a predominantly young population, and training and technical vocational education are essential to ensure that young Mozambicans, duly trained and internationally qualified, have access to the jobs to be created with the start of projects soon. I believe that better mutual understanding and cooperation, recognition of real needs vs. real capacity, greater interaction and communication between the public sectors and training companies and multinationals are key aspects for curricula delivered at existing training centres in the country can contribute positively to the enrichment of young people and to the technical capacity of the country, and Ascending intends to be a strategic partner in this regard. ”

In: “Canal de Moçambique”

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