A company that helps small enterprises to grow big, GrowthAfrica has launched in Uganda.
Africa Industry

GrowthAfrica launches in Uganda with target to grow local businesses

A company that helps small enterprises to grow big, GrowthAfrica has launched in Uganda.

GrowthAfrica describes themselves as the leading acceleration and growth partner for African entrepreneurs and companies scaling their business in and across Africa.

The company was founded in 2002 with its headquarters in Nairobi. It has grown into an experienced African business and impact accelerator and advisory firm.

According to their CEO and Founder Johnni Kjelsgaard, entrepreneurs are the centre of their attention and focus.

“The success of the entrepreneurs we work with is the best showcase of what we do and are achieving with and for our ventures.

“We deliver business growth that turns entrepreneurial ventures into successful, profitable companies. The aim is to create jobs and economic progress,” said Kjelsgaard during their Kampala launch at the Forest Cottages in Naguru.

The GrowthAfrica Uganda operations launch brought together its entrepreneurs, founders of small and growing businesses, government officials, capital providers, investors and leading business leaders.

To date, GrowthAfrica has successfully conducted 19 programmes, accelerated 199 unique businesses, with a total of 368 individual entrepreneurs have gone through the programme in all the countries it operates from.

Recently, Valerie Muigai, an alumnus of GrowthAfrica and Founder and CEO of Kijani Uganda Ltd said,” GrowthAfrica has been very instrumental in our business journey.

“We were able to make a lot of positive changes in the business based on the training we received and feedback from other entrepreneurs in the programme.

“They have made my first experience with an investment firm, seamless and successful.

“We received assistance in evaluating if it was a good deal for Kijani by ensuring we were well prepared and supported during negotiations.

“This deal came at a time when we were seeing a lot of new growth opportunities but struggling to find the cash to fund this growth.

“We are so excited about this investment and what it will mean for the company and are so grateful to GrowthAfrica for connecting us to RENEW,” said Muigai.

GrowthAfrica Uganda Office launch coincided with the call for application for its 2020 programme.

The 2020 GrowthAfrica Programme is open to entrepreneurs who have been in business for more than three years, are making an annual revenue of at least USD 50,000 and are looking at scaling up.