This archive report was first published on 23 June 2020.
As the COVID-19 pandemic continues to impact the economy, women-owned businesses in Kenya are set to receive a boost thanks to a new partnership between the Kenya Private Sector Alliance (Kepsa) and Educate Global, a private equity management firm.
Under the partnership, women involved in the food, health, and education sectors will receive technical assistance to strengthen their investment portfolios. This initiative aims to enhance the resilience of these businesses and help them survive the pandemic.
According to Educate Global Investment Director Sandrine Henton, the partnership will enable the firm to reach out to many more women-owned businesses and strengthen their readiness for investments in the near future.
“We are extremely excited to partner with Kepsa in rolling out our Rapid Technical Assistance initiative,” Henton said.
As part of the partnership, Educate Global will tap into Kepsa’s business hub to provide support to women-owned businesses. Kepsa Chief Executive Carole Karuga emphasized the importance of this partnership, stating that it will go a long way in helping women-owned businesses to survive the pandemic.
“Educate Global has a great mandate and focus with an emphasis on impact with all their investments,” Karuga said.
Published on June 23, 2020