The ATMS Foundation was established by the International Finance Corporation (IFC) in 1996 under the laws of the Kingdom of The Netherlands, as an independent legal entity to support projects within the framework of the ATMS Project. The Foundation is funded by a number committed bilateral, multilateral and private donors.
Background
The ATMS Project is sub-Saharan Africa's biggest and most ambitious human capital development effort in the private sector. Created to play a key role in Africa's economic development and operating in over twenty five countries, the Project provides human capital solutions that lead to wealth creation via the private sector and commercially operated state enterprises. It comprises two separate, but interrelated components, The ATMS Foundation and AMSCO BV.
The ATMS Project is a regional project of the United Nations Development Programme (UNDP). The International Finance Corporation (IFC) is the executing agency and the African Development Bank (AfDB), regional coordinating agency. Host governments facilitate entry into countries of operation.
