The Bosch Power Box (BPB) in Nigeria will increase the success it has already established in Sokoban Wood Village, Kumasi Ghana, launched in 2016. German-based multinational, Bosch Group (www.Bosch.com), is set to bring the BPB concept to African artisans, the informal sector, often the driving force of African economies.
This is a revolutionary initiative designed to create, up-skill and grow small businesses and bring them into the formal, mainstream economy. It is a long-term project designed to foster entrepreneurship and ensure a smooth transition for small businesses from the informal to formal sectors. Each BPB has managers, technical staff and trainers, all of whom have received dedicated training from Bosch.
In essence, Nigerian artisans will now be able to buy, lease or rent the very latest power tools developed by the world’s market leader and to be used at Bosch Power Boxes. This will contribute a significant improvement in the quality of the products manufactured, while increasing efficiencies. This will assist Nigerian artisans in growing their businesses.
Bosch Group has ambitions and plans of establishing 10 Bosch Power Boxes with Nigeria being next in line.
Since its launch in Kumasi, artisans have been visiting the BPB to purchase products and services offered by Bosch, while 50 have registered for training. One can only imagine how positively this will impact Nigerian artisans.
The concept is in line with the company’s ethos of not just providing goods and services globally, but actively contributing to the socio-economic upliftment of developing nations. Bosch is motivated by a need to play a meaningful role in Africa, in particular by creating more sustainable jobs following the company slogan “Invented for life”.
Dr. Markus Thill, the President of Bosch Africa says, “each Bosch Power Box will also provide courses on product application and safety. Economic prosperity is about creating opportunities from the ground up to benefit individuals, communities, countries and the global community, and this is what we at Bosch aim to do.”
“Having Bosch is a dream come true in Africa and specifically for us here in Sokoban Wood Village. Artisans did not know before what it takes to build something very fast, they relied only on manpower,” says Kingsley Baafi, Manager at Bosch Power Box in Kumasi.
“We will provide product application services on how they can use the tools correctly, maintain and service them and ensure a prolonged lifespan. Another exciting feature is that, through our partnership with Equity Bank, these entrepreneurs will receive financial training and budget management assistance,” said Benjamin Ofori, Regional Sales Director of Bosch Power Box.
“At Bosch, we want to use our resources and expertise in developing countries to improve skills, create economic opportunities and growth at a micro level, providing world-class services at affordable prices and improving the lives of all citizens.”