Money Markets

Two Kenyan SMEs picked for Africa entrepreneurship award

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By JAMES NGUNJIRI, Ngunjirij@ke.nationmedia.com

Posted  Tuesday, January 10   2017 at  18:45

Two Kenyan firms are among six African small and medium-sized enterprises (SMEs) nominated as finalists for the Africa Finance and Investment Forum (AFIF) Entrepreneurship Award 2017.

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RnG Ltd and EuroFresh Exotics were picked from 51 companies by a panel of judges from the event organiser EMRC, an international organisation based in Brussels, Belgium.

“We are delighted to announce the finalists for the AFIF Entrepreneurship Award 2017 after a really difficult selection process. The innovation and creativity of African-based SMEs makes our job more difficult every year,” said senior project manager Ines Bastos in a statement.

RnG company sells packaged Rhizo-fix (groundnut inoculum), a bio-fertiliser that ensures a more efficient groundnut production. It also collects the groundnuts from local farmers to produce affordable cooking oil.

EuroFresh Exotics produces and exports fresh fruits and vegetables using innovative farming techniques. It also organises capacity building trainings for smallholder farmers.

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