Across Africa

Business Partners Limited commits US$ 6 million to BPI East Africa LLC

Business Partners International (BPI) has just launched its next generation of funding for SMEs in Africa by inviting like-minded investors to participate in the establishment of Business Partners International (East Africa) LLC. This is a US$30m investment company for family owned small and medium enterprises (SMEs) in East Africa, initially in Kenya, Rwanda and Uganda, with the potential to expand into other countries in the region. Spurred by...
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Business Partners International Rwanda: An early stage success story

Business Partners International Rwanda SME Fund began investing in Rwanda’s SME sector in January 2012 with a target of investing USD 8 million in 56 investments within sixty months. In the first 20 months, Business Partners International (BPI) has processed 215 business proposals and has approved more than USD 4 million in 21 new investments - facilitating in excess of 580 jobs in the process. “This is a reflection of BPI’s growing promi...
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Business Partners International opens new offices in Malawi, Namibia and Zambia

Business Partners International’s expansion in to other parts of Africa continues to advance full steam ahead with the roll out of its Business Partners International Southern African SME Fund operations in Malawi, Namibia and Zambia coming to finality. Over the past few months Business Partners International has established new offices in Blantyre, in Malawi, Windhoek, in Namibia, and Lusaka, in Zambia. New local investment teams have been re...
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BPI Kenya clients tour South Africa

In the last 31 years that Business Partners has been supporting SME’s, one of the key principles that it upholds, is to continuously provide value addition to those SME’s it has provided funding to. The ultimate desired result is to always leave the business client better than we found them. In keeping with this ethos, Business Partners, through its office in Kenya, organised a familiarisation tour for some of its beneficiary clients in Kenya...
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Business Partners International Kenya SME fund – more than just finance to Kenyan SMEs

A statement that remains a fact is that Small and Medium Sized (SMEs) businesses in most developing countries are the engine of growth for these economies. Kenya is not exempt from this and has seen this sector contributing not only a significant portion to the country’s GDP, but also creation of employment. The SME sector continues to be the largest in terms of maintenance and creation of employment. Kenya as an emerging economy is still large...
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Technical assistance boost for SMEs in Southern Africa

Following the successful close of Business Partners’ new Southern African SME Fund - a US$ 40 million risk capital fund which will target SME investments in Namibia, Zimbabwe, Zambia and Malawi - Business Partners has raised US$ 1 million for a Technical Assistance Facility, which will run parallel to the investment fund. While the investment fund will offer tailored finance solutions for start-ups, expansion programmes, acquisition finance, as...
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SME profits grow by 79% in Kenya

The Business Partners International Kenya SME Fund recently went under evaluation to assess the progress of the fund and the impact it has had on revenue, profit and employment in the SME sector. Commissioned by the Kenyan Government, via the Ministry of Trade, and the World Bank, which provided funding for the Business Partners International Kenya Technical Assistance Fund, the evaluation was carried out by Triodos Facet, an independent consulta...
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Expanding the African footprint

Business Partners International gears up for further expansion into the African SME market with its new Southern African SME Fund, a US$ 40 million risk capital fund which will target SME investments in Namibia, Zimbabwe, Zambia and Malawi. Business Partners International believes that this new Southern African SME Fund will allow the company the opportunity to serve a market that has been traditionally underserved by financiers. “SMEs in the ...
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