This strategic investment will significantly fuel Khula’s expansion plans and enhance its mission of connecting farmers with suppliers, buyers, and financing options.

The Kgodiso Development Fund, established by PepsiCo South Africa with an initial capital of R600 million ($32.7M), spearheaded this investment.

The fund aims to foster the growth of emerging farmers by supporting market-driven programs, co-creating innovative solutions, and expanding its impact through strategic investments.

Founded by Karidas Tshintsholo, Jackson Dyora, and Matthew Piper, Khula has developed a comprehensive digital ecosystem that addresses the key challenges faced by South African farmers, including limited access to markets and financing constraints.

The investment from PepsiCo will enable Khula to expand its reach beyond South Africa and leverage PepsiCo’s global presence and supply chain to create new opportunities for farmers.