The multi-million UAE-based business intelligence and investment firm Investera has launched operations in Kenya.
This comes weeks after the two firms partnered with their African subsidiary, Investera Plus Africa to own and operate a customised Investera Plus platform for the African Market’.
Speaking at the official launch at the Serena Hotel in Nairobi, Investera Plus Africa chief executive Tito Mutai said the platform provides intelligent business information and interactions in four tiers, with the services available in different membership plans.
“In this digital era where opportunities are limitless and can be overwhelming, Investera Plus Africa users can easily build and manage their own bespoke platform for their specific requirements,” he said.
“Thanks to this flexibility, Investera Plus Africa represents a cost-effective but sophisticated solution.”
Gracing the event, former Prime Minister and African Union High representative for infrastructure development in Africa, Raila Odinga called for regulations to protect local start-ups businesses.
He also said that the country must review and come up with laws and policies that adequately regulate entry of foreign investments, terms of condition and operations.
“It is a good platform. However, we need to protect the innovation of our young people even with these linkages,” he said.
Businessman Jimi Wanjigi also said that Kenya had suffered from an intellectual brain drain for too long and that it was time to create an environment that favors equity between those who develop ideas and innovation and those that invest.
“We must start talking about our local people, our local brands and it must not be taken away from us anymore. This is our time. We must stop this drain, and we must stop it now. This is the liberation we seek.” he added.
Wanjigi noted that in other countries this is done through the law, some up to 51 per cent, no matter how much money a foreign investor chooses to put on the table.
Through a partnership deal with their Africa counterparts, Investera Plus Africa, the organization will provide bespoke market research, conduct credible due diligence, and provide investment advisory and financial intelligence services to investors, businesses, and entrepreneurs interested in starting or doing business on the continent.
Investera Plus is a platform that will guide investors seeking to invest on the continent about the most profitable and sustainable sectors to invest money in.
It will also provide industry insights, conduct market research, and gather smart and timely business intelligence to guide investment decisions.
Additionally, the platform will link venture capitalists to promising start-ups and entrepreneurs, and expose young innovators to companies, investors, and individuals keen on turning their dreams into profitable realities.
Investera Plus will offer a one-stop network for companies, high net worth individuals, philanthropists, young and established entrepreneurs, industrialists and regulators covering all the 55 countries on the continent.
Also present were Chief Administrative Secretary for Industrialisation trade and development David Osiany, Principal Secretary, ICT, Jerome Ochieng and his housing counterpart, Charles Hinga.
