Kenya: Procurement platform lands investment from Renew Capital
Procurement in Africa has traditionally been hindered by inefficiency, high costs and opaque operations.
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Renew Capital has announced an investment in Kenya-based procurement platform Scale.
Procurement in Africa has traditionally been hindered by inefficiency, high costs and opaque operations. Scale is transforming this critical business function by streamlining procurement, automating workflows and cutting operational expenses.
For suppliers, Scale opens a growth-oriented marketplace, offering tools that demystify bid management. For buyers, the platform delivers a suite of features that enhance internal procedure management and unlock new efficiencies.
"Scale is reshaping procurement in Africa,” said Marvin Tumbo, co-founder and CEO of Scale, emphasising the platform's breadth. “We're moving beyond simply streamlining tasks to granting buyers and suppliers clear, controlled and strategic procurement processes.”
“We're thrilled to back Scale's pursuit of procurement excellence,” says Esther Mwikali, investment and project manager at Renew Capital. “Their platform addresses critical needs for buyers and businesses, charting a new course for African commerce.”
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