NAWEC Capacity Building Training Delivered by I-Grow Venture Ltd
The
National Water and Electricity Company (NAWEC) is The Gambia’s national utility company responsible for the generation, transmission, and distribution of electricity and water across the country. As part of its ongoing efforts to strengthen internal capacity, the company identified the need to enhance its finance team’s capabilities in managing liquidity and working capital. I-Grow Venture Ltd was selected through a public procurement process to deliver the tailored training.
As part of NAWEC’s annual capacity-building program, the management prioritized cash and liquidity management as a critical area requiring improvement.
Objectives
The main objectives of the capacity building training were to:
- ✅ Enhance understanding of cash management principles within the energy sector
- ✅ Improve budgeting and financial planning capabilities
- ✅ Strengthen working capital management for better liquidity control
Our
I-Grow Venture Ltd delivered a high-impact, in-person training program that combined theory with practical tools and exercises. The training approach included:
🧠 Needs assessment
Needs assessment to align content with NAWEC’s operational and financial realities
📝 Curriculum design
focused on modern cash management strategies, liquidity planning, and financial forecasting
🗣️ Interactive delivery
using lectures, group activities, simulations, and sector-specific case studies
📘 Supporting materials
including handouts, Excel templates, and post-training reference guides
Delivery Format: In-person
Following the training, NAWEC reported the following positive outcomes:
- ✅ Improved staff confidence and competency in cash flow and liquidity management
- ✅ Enhanced budgeting and forecasting practices across departments
- ✅ Stronger collaboration and a shared understanding of cash management objectives across finance-related units
