The British African Business Alliance (BABA), the network helping Africa-facing businesses to set up and thrive on the continent, is excited to announce an innovation partnership with British technology startup, Barbal.
BABA’s members deliver projects running to hundreds of millions of pounds each year across Africa, often with complicated multi-party contracting arrangements. A key challenge for businesses investing or delivering projects in Africa is the timeliness in getting contracts signed, meaning that opportunities often fall through whilst legal fees escalate.
Barbal’s collaborative document editor allows different organisations to work together efficiently on drafting contracts without sacrificing the control or privacy of collaborators. Barbal’s innovative software will allow BABA’s members to reach agreement faster, streamlining negotiations so that projects can get started quicker and with lower legal fees.
Through the innovation partnership, BABA will encourage its members to pilot Barbal’s software on upcoming projects, Barbal in-turn will monitor the benefits and adjust the software to further streamline negotiations.
Barbal offers a collaborative document editor that, unlike the prevalent tools, allows people to draft in private or in teams and merge changes with a shared master copy only when edits have been reviewed and are ready. It reduced the risk that someone accidentally discloses private information and removes the admin that can stall deals.
“This innovation partnership with Barbal will help us to deliver even more value to our members. Businesses entering Africa rely on good relationships with other organisations, including investors, delivery partners and regulators. Barbal will help strengthen relationships and get more projects initiated by streamlining one of the most painful aspects of getting started; the paperwork!”
Andrew Jason, Managing Director, British African Business Alliance
“We are delighted to be partnering with BABA and its members. Africa is among the world’s fastest growing economies with huge development projects across infrastructure, housing, industry and health. Africa is also one of the most innovative regions, leapfrogging to a digital-first economy. So it makes sense that people working on the continent want to streamline contract negotiations and are open to new approaches to collaboration, whilst balancing commercial risk and opportunity. I look forward to reporting on the many successes Barbal will help facilitate.”
Tom Bartley, CEO, Barbal
Note to Editors:
The British African Business Alliance provides space for networks to stimulate alliances and links between members, partners and contacts so that we can accelerate the development of members’ projects in Africa. BABA has regional networks across the UK. www.britishafrican.org
Barbal is a technology startup based in Bristol, UK. Founded in 2018, Barbal’s software is used by lawyers, regulators and knowledge bodies across a wide range of sectors to help experts to work together on important documents, negotiate and reach agreement faster. www.barbal.co