SME support organisation Bidx has opened its first African office in Nairobi, Kenya in a bid to better serve its members in the region.
Bidx provides a web-platform for SMEs, mentors, and investors, allowing incubators, banks, funds and NGOs to engage with their different client groups and share the value of connecting them in order to create new businesses.
The company was awarded US$2 million from Barack Obama at the G20 summit in South Korea for being a leading innovation for SME financing, and has also raised additional investment from Putera Sampoerna, founder of one of Indonesia’s most successful social business institutions focusing on entrepreneurship.
Around 30 per cent of Bidx members across all its portals are from Kenya, Uganda, Tanzania, Burundi and Rwanda, with Kenya alone accounting for seven per cent of members.
“Seeing the potential, and the opportunity to help business create more jobs in the region, Bidx decided to open a new office in Kenya,” the company said.
The Bidx Africa office is run by executive officer Jeremie Muna, with Ismail Yassin the account manager.