Monday
April 22
2024

Goodwell Invests in OmniRetail, Fuelling Better Opportunities for Informal Retailers

Goodwell Investments, an impact investor focused on innovative businesses in emerging markets, is pleased to announce its recent investment in OmniRetail – a B2B e-commerce platform digitising sub-Saharan Africa’s informal supply chain. Working in collaboration with long-term partner Alitheia Capital, Goodwell invested via its uMunthu II fund, effectively kickstarting OmniRetail’s Series A fundraising round. The firm is proud to be the first to commit, underscoring its desire to support the growth of companies driving financial inclusion in underserved communities.

Source: Goodwell (link opens in a new window)

Categories
Investing
Tags
digital inclusion, gig economy, impact investing, supply chains