When Invest in Africa (IIA) was created in 2012, our goal was to coordinate the private sector’s desire to source locally, build capacity and create jobs, so we are proud to announce we have officially reached the milestone of connecting small local businesses in Ghana and Kenya with 100 tenders from large businesses . Through IIA’s African Partner Pool (APP) platform (which connects large business to credible, independently validated small local businesses) many small local businesses have won new contracts with new business partners.
The 100 tenders won, with a value of $58 million, has also created:
- 15,500 jobs locally
- $44.2m of value retained in local economies
IIA has also supported local suppliers with the skills they need to access new markets and finance. So far,
- 227 SMEs have received business, technical and entrepreneurship training through IIA programmes
- These 227 SMEs have gone on to win 162 contracts
- And $863,000 worth of finance has been accessed by graduates of IIA training programmes
Thanks to the contributions and continued support from our partners and suppliers, we have been able achieve the above milestones!