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Browsing: Goodwell Investments
- Pepea’s investment will provide Kenya-based Gaea Foods with the working capital necessary to meet growing demand from both new and existing customers.
- This, in turn, will enable the company to source from a larger number of smallholder farmers, further strengthening the local agricultural economy.
- Launched in 2023, Pepea Fund was created to provide funding for early-stage companies.
Gaea Foods, a Nairobi-based potato processing company, has become the first-ever investment of Pepea, an impact fund from Oxfam Novib managed by Goodwell Investments, marking a historic milestone for the fund
This move not only highlights the potential of Gaea Foods in the B2B market but also underscores Pepea’s focus in fostering sustainable and inclusive growth in East Africa. Gaea Foods is a pioneering female-led business focused on Kenya’s potato value chain. By providing venture debt to Gaea Foods, Pepea aims to empower smallholder farmers, enhance local value chains, and promote gender …
- Though encouraging that the number of female CEOs has risen from 230 (9.6%) in 2023 to 310 (11.1%) in 2024, these numbers show a tech segment that is still heavily dominated by men.
- Interestingly, smaller ecosystems such as Zambia, Rwanda, and Senegal are outperforming traditional hotspots like South Africa, Nigeria, Egypt, and Kenya in terms of female leadership.
- Between January 2022 and June 2024, startups with female co-founders raised $747M, representing just 11.9% of the total, while those led by female CEOs secured only $289M.
The African tech ecosystem, renowned for its dynamic growth and innovative potential, is transforming. Yet, a pressing issue remains, gender diversity within leadership roles. This year’s “Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem” survey by Disrupt Africa highlights the gender disparities that continue to plague this burgeoning industry.
Despite recent improvements, the representation of women in leadership positions within African …
