BPI East Africa LLC
- Region: Africa
- Country: Regional
- Sector: Investment funds
- Year: 2015
- Domicile: Mauritius
- Instrument: Fund
- Commitment (MNOK) as of 31.12.2016: 51.5
- Original Commitment (MNOK): 51.5
Business Partners International East Africa, BPI EA, is a new investment company as of 2015. It will increase access to finance for SMEs in Kenya, Rwanda and Uganda - three IDA countries that all list access to finance as a major impediment for SME growth. BPI EA is not only supporting SMEs in the principal economic zones of each country, but up to 40% of their investments will be done to support SMEs in rural areas where access to finance is even more limited.
“SMEs will play a critical role in the economic growth that is expected on the African continent and the finance that we will offer will contribute towards supporting this growth and job creation in Africa,” said Mark Paper, Chief Operating Officer at BPI in a press release in 2015.