Reported about 14 hours ago
PepsiCo and Absa Group Ltd. are supporting Khula Pty Ltd., a mobile marketplace for South African farmers, allowing them to sell products and access logistics, expertise, and financing. With 20,000 users and aiming to raise 200 million rand, Khula has already secured 126 million rand in funding. The app, leveraging AI to assist farmers with crop issues, plans to expand operations in East Africa and potentially Latin America, addressing the continent's agricultural financing gap.
Source: YAHOO