Invest in Africa launch B2B platform to help grow SME's in Africa

Invest in Africa Kenya today launched the African partner pool (app) platform with 6 large corporates pledging to channel their procurement needs to the over 400 Kenyan SMEs already subscribed on the platform. The app is an online cross-sector business platform that promotes Kenyan SMEs, gives them access to tenders and finance, whilst helping multinationals find quality suppliers. According to the “barriers to Kenyan SMEs growth and investment” study undertaken by IIA and the Strathmore business school in mid-2016, SMEs find it difficult to access the business opportunities available from their larger counterparts: conversely, big businesses often complain about finding reliable and trusted local SMEs that can deliver to meet their standards. The app’s vetted supplier pool will facilitate transparent business in a more timely and cost efficient manner. Beyond buying and selling, the app is a thriving community of big and small businesses. Buyers include Tullow oil, equity bank, Safaricom, nation media group, EY, shell, Amsco, Keninvest and Strathmore business school, who signed a charter committing to support the growth of SMEs by providing commercial opportunities on the app platform.


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