IIA Kenya Value Proposition

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Kenya: The Opportunity Ahead

Transcript of IIA Kenya Value Proposition

Page 1: IIA Kenya Value Proposition

Kenya:The Opportunity Ahead

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Our Vision

To create thriving African economies

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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

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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)

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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

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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

$

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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

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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

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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

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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

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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:

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Join our growing community

For more information visit: www.investinafrica.com