Kenya Private Sector Alliance (KEPSA) has entered into a partnership with Educate Global (EG), a private equity manager focused on impact investments in midsized businesses in the Food, Health and Education sectors, to support women-owned enterprises and build the resilience of value chains in essential industries.
As part of Educate Global’s commitment to the Billion Dollar Fund for Women, they will work with the KEPSA management and its Gender and Youth Sector Board to build the investment potential of Women-owned enterprises in the Food, Health and Education sectors. In addition to the specific work with the KEPSA Gender and Youth Sector Board, Educate Global will also be working with the KEPSA Business Hub to roll out the EG Rapid Technical Assistance Response Team Initiative to interested businesses in the Food, Health and Education sectors within KEPSA’s member base.
‘‘We are extremely excited to partner up with KEPSA in rolling out our Rapid Technical Assistance initiative and building a process where we will be able to reach out to many more Women-owned businesses with a view to strengthen their readiness for investments in the near future.’’
said Sandrine Henton, Investment Director at Educate Global.
In the wake of the COVID-19 pandemic and the collateral damage it has caused to business and economies across East Africa, Educate Global has established a Rapid Technical Assistance response team that seeks to coordinate technical assistance for businesses at the forefront of responding to COVID-19 in Food, Health and Education.
These three essential sectors are vital to both lives and livelihoods during and following the immediate pandemic period. Rapid technical assistance support will ensure targeted businesses within these sectors build their resilience and adaptivity to safeguard jobs, output and economic activity and fundamentally emerge from the pandemic with a targeted strategy for growth in the post-COVID economy.
Chief Executive Officer of KEPSA, Carole Karuga, lauded the new partnership saying
‘‘Educate Global has a great mandate and focus with an emphasis on impact with all their investments; we are looking forward to support our member-base through this partnership and building the resilience of both Women-owned enterprises and essential industries through this turbulent period.’’
Signed Carole Karuga, MBS, HSC CEO, KEPSA
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