iia kenya value proposition
Post on 14-Jan-2017
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Kenya:The Opportunity Ahead
Our Vision
To create thriving African economies
Invest in Africa (IIA) is a private sector initiative that brings together leading companies across sectors to develop local enterprise and support investment into Africa
Who we are
“We are excited by the opportunity that Invest in Africa presents.”James Mwangi – CEO Equity Bank Group
“Invest in Africa helps Tullow create jobs and valuable partnerships across sectors.”Aidan Heavey– CEO Tullow Oil
Our Purpose
How we do it
To enable trade between larger companies and SMEs by providing better access to markets, enhancing SME skills and improving access to finance
We pool resources and knowledge to create solutions to the shared barriers to growth. We have two flagship programmes:
SME Business Skills DevelopmentConnects large and small businesses, allowing international companies to meet local content
needs as well as promoting the goods and services of local companies to a wider market
A programme to train SMEs in business skills and governance standards needed to access
corporate supply chains
The African Partner Pool (APP)
Why we do it
IIA Solutions
Skills Deficit
Training & Guides
Lack of Quality & Consistency
Incentives & Tiered
Certification
Limited Access to Finance
Track Record from Data Source to
support Lending
Low Awareness of Governance
Validation Criteria
Limited Information & Visibility
One Platform
Common challenges from SMEs & corporates in Kenya
Our 3 Tier Value Model
3 Operational Benefits
More timely, cost efficient & impactful solutions
1 Strategic Benefits
Job Creation
2 Reputational Benefits
Leadership on Local Content &
Transparency
$
Contribute to economic development by supporting capacity building of SMEs
Real time tracking of socioeconomic impact of deals sourced through platform (jobs & $ value retained in country)
Raising standards and improving capacity of SMEs to improve their competitiveness
Join the Steering Committee, influence our work
Job Creation
1 Strategic Benefits
2 Reputational Benefits
Real commitment to local content
Championing transparency and ethical best practice across your supply chain
Positive brand exposure associated with promoting sustainable SME growth
Platform for execution of public policy on private sector development
Leadership on Local Content & Transparency
3 Operational Benefits
Reduced due diligence time on new & existing suppliers by sharing commonly required information
Reduced time/cost to find trusted suppliers
Reduced procurement spend from increased competitiveness
Reduced time & cost in developing suppliers & tracking their performance
Greater transparency of tenders
More timely, cost efficient & impactful solutions
INPUT OUTPUT IMPACT
$85k economic value added locally
Tender awarded to successful supplier: $100kinvestment
12 additional jobs supported locally
Local suppliers access and respond to tender
Buyer logs $100k construction tender in APP
✓Cost/time savings ✓Capacity building ✓Transparency ✓Minimum standards met
Our ImpactWe have developed a socioeconomic impact model that tracks the real
time impact of our work through 2 key metrics
1. Job creation 2. Value retained in country
At Invest in Africa we believe results matter.
Our Results
1,237+suppliers across 22 sectors
$539m+Value of tenders through the APP
71,224Number of jobs potentially supported though tenders on the APP
$392m+Potential socioeconomic impact of all tenders on APP (taxes, profits & salaries retained in Ghana)
14Buyers transacting on the APP
38,000+employees
51Companies trained on the BLP business skills course
Since its launch in late 2014, the APP’s impact in Ghana has been significant:
Join our growing community
For more information visit: www.investinafrica.com
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