ADB supports 'Invest in Africa

Tnvest in Africa (IIA), a private sector initiative to develop local enterprises, has secured the partnership of African Development Bank (AfDB) to train 150 small and medium enterprises in Ghana to enable them to secure contracts with multinationals operating in the country or Africa.

The SMEs are those prequalified and approved by the Africa Partner Pool (APP), an online directory of credible Ghanaian businesses from across sectors by IIA, to match them with multinationals/big companies to facilitate transactions among them.

The APP Manager, Mr Benjamin Yaw Manu, who disclosed this to the GRAPHIC BUSINESS after the launch of the platform, said the initiative as well as the training and mentoring associated would prepare local SME adequately to participate competitively in international contracts competitively and can increase the country’s local content in the private sector.

“AfDB will help improve the capacity of businesses in Ghana and West Africa and he