KDH Supports Local SMEs Gain Access to International Markets
Accra, 27 July 2016 - Small and Medium-Sized Enterprises (SMEs) significantly contribute to the socio-economic development of Sub-Saharan African (SSA) nations. The growth of SMEs in SSA has been stunted due to systemic and structural deficiencies that result in an inability to attract the needed social, human and financial capital required to scale operations. There is a “missing middle,” the category of companies requiring financing between $20,000 - $500,000 USD to perform successfully, but because the lack of financing, for example from banks which perceive SMEs as high risk and not investment ready, many SMEs fail quickly. The continued starvation of that critical middle will continue to create dire socio-economic problems and political stability issues. The rampant increase in unemployment can only be addressed by a thriving private sector of which small businesses form greater than 90%. KDHI has committed its efforts to supporting SMEs structure their operations to mitigate risk for international partners, to provide access to funding, and to support the SMEs throughout the execution process to ensure success.
Our firm has received orders from Russia, Vietnam, Japan, Malaysia and India for various goods produced from SMEs in Ghana and we are now engaging credible partners to become a part of the free trade revolution Africa is currently experiencing. Some of the items we are exploring include:
Raw Cashew Nuts
Cocoa
Shea Butter
Fresh Fruits and Vegetables
Dried Fruits (Mango, papaya, banana, pineapple)
Our customers are typically processors, distributors and/or retailers. About KDHI KDHI is a leading Agribusiness development firm that trains farmers, merges foreign and local capital, and secures off-take agreements to drive agriculture production in Sub-Saharan Africa and exponentially increase yields through data-driven processes. We work with our investors and strategic partners to bring world-renowned expertise to the countries in which we operate in order to catalyze greater food security for families, better health and nutrition, increased income, greater access to basic social services and increased productivity, as well as generating taxes of all kinds beneficial to the state (export revenue, agricultural equipment, etc.).
References
http://www.worldbank.org/en/news/feature/2013/03/04/africa-agribusiness-report
https://www.huffingtonpost.com/michael-hoevel/africa-farming-markets_b_3348739.html
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