From rural Kenya to the Earthshot shortlist: Pula CEO Thomas Njeru reveals to Launch Base Africa how the profitable agtech reached 24 million farmers and why impact and profitability are not mutually exclusive.
The funding follows significant internal achievements: OmniRetail became EBITDA positive in 2023 and net profitable in 2024, a rare milestone for African B2B commerce startups.
The timing of IFC’s reform push is hardly ideal. ESG investing, once the darling of asset managers and development financiers, is facing a growing global backlash .
For startups entering South Africa’s financial or digital services space, this case is a valuable, if costly, lesson in how not to market a product — especially not to vulnerable or financially inexperienced consumers.
Investisseurs & Partenaires (I&P) realised a 2.2-fold return following its exit from pan-African education network Enko Education, the firm disclosed to Launch Base Africa.
From rural Kenya to the Earthshot shortlist: Pula CEO Thomas Njeru reveals to Launch Base Africa how the profitable agtech reached 24 million farmers and why impact and profitability are not mutually exclusive.
