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Lady Bonin’s received investment from Hivos Food and Lifestyle Fund, a Dutch based company that focuses on Impact Investing. The first round of funding was received in 2015 and since then the organisation has become a proud equity share holder in Lady Bonin’s Tea, supporting development, strategy and impact goals.
The funding focuses on the category of Food and Lifestyle in Africa. “With urbanisation on the rise in Africa, the need for local and sustainable food production needs to be coupled to a lifestyle that embraces authentic, genuine and healthy food.”
The partnership formed after a 5 month incubator program held by Impact Amplifier in 2015. The incubator ended with a pitch deck and Lady Bonin’s Tea won the program and secured its partnership.
To find out more about the Accelerator, investment and Hivos, visit this article on the VC4Africa website