KEPSA AND EDUCATE GLOBAL ENTER INTO A PARTNERSHIP TO SUPPORT WOMEN

KEPSA AND EDUCATE GLOBAL ENTER INTO A PARTNERSHIP TO SUPPORT WOMEN

By Ednah Kiarie

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.’’