Browsing: Invest In Africa (IIA)

With the effects of Covid-19 taking a toll on businesses across the globe, those operating in low income countries and specifically those in Africa have sought for more than finance to pull through. 

Invest in Africa (IIA), a private sector-led initiative focused on growing local businesses and local content in Sub-Saharan Africa, has created a Covid-19 SME survival toolkit programme that helps SMEs overcome the potential damage to businesses caused by lockdowns and the ensuing economic shock. 

The survival toolkit includes practical guides, solutions and recommendations to help African SMEs get through the many challenges the pandemic represents. It is also organizing a series of webinars under which SMEs can benefit from several industry advisors.  

The entity has a curated list of online resources relevant to your business during this pandemic. 

“Because the vast majority of businesses in Sub-Saharan Africa are SMEs, they also provide nearly all …

Invest In Africa (IIA), a Not-for-Profit SME focused entity, has rebranded its online platform—African Partner Pool (APP)—in a renewed effort to enhance its support for small players grow their businesses.

The platform will now be known as ‘Biashara.Now’, a boost for SMEs seeking to grow their businesses in Kenya.

This comes as the entity marks two years of its online platform which links Micro, Small and Medium Enterprises (MSMEs) with procurement opportunities available in the private sector across value chains, promoting local content and business sustainability.

READ:Invest in Africa push for increased business on the APP platform

In just two years, the organization has been able to register 2,250 MSMEs on its platform.

It has also recruited over 20 partners who have provided 67 tenders worth Ksh270 million (USD2.9 million) which have been won by MSMEs so far.

Additionally, over 200 MSMEs have been trained and over Ksh300 million …