We congratulate Randy, Galen and the team of water kiosk business Jibu in closing their USD 7 Million USD round! Jibu is one of the 14 companies studied in a new in-depth study managed and co-authored by Africa Funded’s CEO Saskia Reus.
The research executed by Dalberg was set up to identify opportunities and barriers to scale Safe Water Enterprises and the sector. Key findings from the research can be found here
The Jibu deal shows there are investable opportunitites in water. A few years ago still “designing a scalable cookie cutter” and now scaling in multiple countries. Read more about the deal here
Empowering Entrepreneurs in Emerging Economies
Africa Funded enables entrepreneurs to start or grow their innovative concepts with expertise, network and seed funding. Mission of Africa Funded is to create jobs in Africa and enable people to increase their live standards in a way they want. We supported platforms like NCDO, VC4Africa in coaching entrepreneurs and developed very efficient ways to support entrepreneurs. This saves time and cost on the site of the entrepreneur and enables them to focus on the core business while we assist to minimize risks, align goals and speed-up processes, with the ultimate objective of making the project a success.
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