Untapped Global

Meet John Galaba, a farmer and Simusolar Tanzania partner, empowered by solar energy. Before purchasing a solar pump, John's farming output relied on petrol-powered irrigation systems. This proved increasingly unreliable due to the rising cost and inconsistent availability of fuel, and unpredictable rain seasons. Simusolar provides sustainable, affordable, and reliable solar-powered irrigation pumps for climate-smart smallholder farming. The company has served over 1,500 families in Tanzania alone. Farmers like John using Simusolar's solar-powered irrigation systems spend on average 42% less than they did on petrol-powered systems, and 72% report increased incomes due to higher yields and lower operational costs. Read more about our investment in SimuSolar here:  https://lnkd.in/dtF__wra Jim Chu David Kleiterp Lundie Strom Michael Kuntz, CFA Furaha Urassa Lucas Budler

Meet OX Delivers, an e-mobility start-up that has created the first purpose-built electric truck for the Global South. Africa has long been reliant on imported end-of-life trucks from other markets. These are notoriously unreliable, expensive to maintain, and don't usually perform well on rough terrain. The alternatives – bicycles, motorbikes, animals, or even people – can't move enough goods or move them fast enough to make for a prosperous business. The result is low incomes, inefficient value chains, and food waste. The simple, durable OX truck was created to overcome these challenges. OX employs a fully integrated model, renting space in their trucks to small business owners who cannot afford the upfront costs of purchasing their own vehicles. Offering delivery as-a-service, OX enables businesses of all sizes to prosper, while cutting down on carbon emissions. Check out how Ox Delivers is transforming the way goods are moved across Africa! https://lnkd.in/dkf3uJqj Jim Chu David Kleiterp Lundie Strom Simon Davis 🚛🌍⚡️

“Beyond Equality - Investing in the Women Driving Africa’s Economic Growth.” Investing in Africa's women entrepreneurs isn't just a social project; it's a smart business move. Despite facing significant barriers, women entrepreneurs in Africa are driving economic growth. Yet, they often lack access to the right kind of funding. Leveraging new technology and data, we can unlock more investment opportunities and empower women to build thriving businesses. Read more about how data is revolutionizing how we reach overlooked opportunities. https://lnkd.in/d-cU9i8s

We’re thrilled to announce our partnership with the Moroccan-based e-mobility startup, POGO. POGO offers citizens seamless digital access to self-service electric vehicles for short-term rental. The company reduces dependence on personal cars for short-distance transportation in Morocco, limiting harmful emissions and providing intelligent e-mobility that is within everyone’s reach. 🛵 POGO’s Impact: In just eight months after operation, POGO decreased CO2 emissions by over 20 tonnes, underscoring its commitment to fostering sustainable, safe, and resilient urban environments. POGO’s pay-as-you-go model provides an affordable solution for accessing electric vehicles, enabling Moroccans to meet their mobility needs without the financial burden of vehicle ownership and maintenance. "POGO's digital innovation is transforming Morocco's urban mobility landscape by offering accessible electric vehicle solutions that cut emissions and contribute to a cleaner future. We're excited to see the growth of this partnership." - David Kleiterp https://lnkd.in/ed2kCFpr Jim Chu David Kleiterp Lundie Strom Lucas Budler Brahim El Bekkali Mohammed Soughi

Thrilled to be working with Light Eagle AG to further our shared mission supporting inclusive fintechs in Africa. “Light Eagle AG has the vision and boldness to explore opportunities in new markets with a sincere purpose — to build a better society for people today and in the future through like-minded smart capital.” - Jim Chu, CEO @ Untapped Global

“We're impressed with the innovation behind Rabbit’s tech enabled micro-mobility platform and with our support, we believe they will continue to scale rapidly and grow sustainably." - David Kleiterp Check out the article below to read more about our partnership with Rabbit Mobility 🚀

Catch Nonnie Wanjihia Burbidge speaking on innovative financing models for early-stage ventures! Hear her thoughts at the AESIS Academy Masterclass 4 coming up on Wednesday, October 16th at 5pm CAT. The AESIS Academy is a learning series that offers a valuable platform for investors to share their stories and experiences in the African ecosystem with peers across the continent. Date/Time: October 16th - 5pm CAT Register: https://lnkd.in/dAZwzEAr

We're in London this week! Nonnie Wanjihia Burbidge, our Co-Head of Investments, is speaking at AFSIC - Investing in Africa on how alternative financing methods can help address the $5.2T blindspot faced by SMEs in emerging markets. If you're in town and would like to connect about alternative financing options, debt opportunities, or investing in Africa in general, please reach out! 🚀 Nonnie Wanjihia Burbidge David Kleiterp Lundie Strom Jim Chu

“Education is the most powerful weapon which you can use to change the world.” - Nelson Mandela. Meet elimuTab, one of our newest portfolio companies, introducing their innovative education tablets to students at Amazing Grace Girls Secondary School Awasi in Kenya. ElimuTab has developed one of the first EdTech tablets in Kenya, specifically designed to support various educational curricula, to meet the diverse learning needs of students. An ElimuTab comes preloaded with educational content, e-books, and apps that help students prepare for exams, review core subjects, or learn the basics of coding. With the help of Untapped financing, ElimuTab lowers the cost of its tablets for parents and students, making high-quality learning materials accessible in both cities and underserved remote areas alike, delivering inclusive and quality education for all children. Learn more about how Untapped is supporting ElimuTab as they revolutionize education in Kenya --> https://lnkd.in/dkbWt5-v David Kleiterp Jim Chu Sharon M. Lundie Strom Anthony Kahinga Grace Wairimu

Reminder! Join us on October 8 with GSMA for an online event that will explore #digitization trends sweeping emerging markets globally, and what it means for the future of SME finance and #impact! In this Impact for Breakfast session, our founder Jim Chu and Zach White, Senior Insights Manager at GSMA, will delve into the opportunities digital finance creates for impact investors, focusing on the innovations enabled by digital transformation in Africa and other emerging markets. The discussion will highlight how capital can be effectively channeled to SMEs, informal businesses, and micro-entrepreneurs that drive the bulk of the economy and serve the most underserved populations. Register via Zoom: https://lnkd.in/dV2V7rBs Date: Tuesday, October 8, 2024 Time: 10-11AM EST, 4-5PM CEST