A Comp Services Limited
A Comp Services is an indigenous supply and retail service provider that specializes in stationery, office supplies and safety wares in Ghana.
A Comp joined Invest in Africa’s African Partner Pool (APP) in the latter part of 2017. In early 2018, Oduro saw a bid request posted by Ecobank Ghana on the APP. He put in an application and subsequently won a contract to supply several items of stationeries; and one year on, the contract is still in force. According to him, the deal with Ecobank has had a very positive impact on his company’s cash flow due to the recurrent nature of the arrangement and prompt payment by the bank. Proud that he can now boast of having a regional banking powerhouse among his list of clients, he also reveals that inflows from the Ecobank alone approximately constituted 30% of his revenue in 2018.
More opportunities continue to come way through the APP. More recently, the Millennium Development Authority (MiDA), an initiative backed by the US Government, has also extended an opportunity to them. This, too, has been a revenue boost for A Comp.
Akiberan Aberu Suppliers and
Contractors – Rael Mzee Lochodo, Chairperson
Akiberan Aberu Suppliers and Contractors are a wholly women-owned and run business based in Lokichar, Turkana County, Kenya.
Aberu Suppliers who were the first SMEs to secure a loan through IIA’s Africa’s Credit Guarantee Scheme (CGS) are contractors of Tullow Kenya B.V and supply vegetables, fruits and other perishable farm produce to Tullow Oil.
“The unlocking of 70% financing by IIA-Kenya is a dream come true for our business. It is the beginning of a new journey to prosperity as some of the constraints we have been facing in accessing finance are now a thing of the past. Through the Credit Guarantee Scheme by Invest In Africa, we can now bid for bigger jobs without worry.” says Rael Mzee.
Loiteiteleit Company Limited-
Lydia Tioko, Founder
“I dared to dream and venture into an unknown world of construction which is mostly dominated by men. With a lot of persistence, assistance and hand-holding from Invest in Africa, I have been able to climb up the ladder and bid for jobs I could not even imagine. I have been able to work with the County Government and also Tullow Kenya B.V for a project to construct latrines. However, when I could not attend to the tender because of financial challenges, Invest in Africa through their Credit Guarantee Scheme came to my rescue and I was able to deliver to the contract on time. Additionally, through IIA-Kenya’s continuous capacity building training programmes, I have gathered a lot of knowledge to run my business better.”