Leveraging the Three-Dimensional Capital of our investing families and time-tested principles of free enterprise, we are increasing prosperity in the African continent. Our portfolio companies export in excess of $60 million of product from Africa to over 30 countries across the globe on an annual basis.
Our investments have created or sustained over 5,600 jobs and financial wellbeing to over 45,000 people. The “second-level” economic effects of our investments create, depending on the industries where we invest, up to 3.9 unskilled and 1.8 skilled jobs per $50,000 invested. Unskilled jobs often secure food security and access to the formal economy; skilled jobs, on the other hand, support economic development, grow the tax base and foster economic freedom.
In creating jobs directly in our portfolio, and creating the economic conditions that support the creation of secondary unskilled and skilled work opportunities and jobs, we are striking at the core of the stubborn crisis of joblessness in South Africa and Lesotho where approximately one-third of the population of both countries are unemployed and an even higher youth unemployment. Unskilled jobs often secure livelihoods and food security for the poor or allow people to enter the formal economy from where they can develop skills to enhance the work opportunities available to them as they progress. Skilled jobs in these economies are also very important, because as such jobs grow in number, they increasingly support diversified and sustainable economic development, grow the tax base and allow for greater economic freedom in the workforce.
Redsun provides technical expertise to previously disadvantaged outgrowers which has substantially increased the yield achieved by these farmers
Beefmaster staff is provided with housing, water and electricity at attractive rates
Senqu sources rosehip from over 4,000 harvesters across rural Lesotho, providing one of the poorest economies in the world with a living wage.
Senqu funds a school, boarding house, canteen and library for 60 children and assists them with job placement after school.
Pay@ supports 13 Stellenbosch University students from previously disadvantaged backgrounds who are studying in an Information Technology-related field through its learnership program.
Pay@ drives financial inclusion through its network of over 100,000 retailers that enables unbanked lower LSM individuals to transact in line with banked higher LSM consumers.
HEPSA is providing access to quality higher education to thousands of students across South Africa
Stories from the people who are impacted by your investment into our portfolio of companies.