NAIROBI, Kenya, July 13 – Cement manufacturer Bamburi has partnered with the International Finance Corporation (IFC) to empower women-owned businesses in procurement activities.
The company says it is keen on promoting gender inclusivity when it comes to accessing procurement contracts.
“Many Women-owned Small and Medium Enterprises continue to face challenges while navigating local complex corporate value chains, due to a myriad of challenges like poor credit muscle and lack of information,” said Bamburi company CEO Mohit Kapoor.
“We are committed to providing a lasting solution that promotes equitable competition for supply contracts and desire to see this outcome both within Bamburi Cement and across the industry at large, which is predominantly male-dominated,” Kapoor added.
The partnership will see more than 200 women businesses acquire training on procurement rules and procedures as well as eligibility criteria in the procurement field.
“In this regard, we aspire to ensure that our total procurement spend that goes to special groups which include women-owned businesses, youths, and persons with disabilities, hits 30% by 2025,” Its Supply Chain Director, Moses Were, stated.
“And from these training sessions, we hope that more women businesses will express interest in our supply chain to help us grow their share by 10%.”
