This Wednesday William Kouton, General Partner at the Vision 2030 Fund, delivered a presentation at the World Economic Forum. The session, titled “Revamping Investment for Regenerating Nature”, featured proposals for on-the-ground investments into sustainable ventures across the globe.
[Wednesday 13:30 CET] William spoke on the fund’s ongoing projects, investment portfolio, and the fund’s supporting incubation ecosystem that mitigates the risks associated with early stage startup investing in Africa.
“We are trying to put together a solution, a bank of data when it comes to inputs, outputs, and processes, in order to make sure that we can give reliable data” said the fund’s General Partner as he introduced the audience to Vision 2030’s Pastory Index.
Pastory Index
The index, which ranks and recommends the underdeveloped components of any African crop’s value chain, is used to guide the fund’s investment rationale and is promised to be released for public use in Q3 of 2023.
Through this tool and its adjoining immersive VAR mapping interface, Africa’s agriculture service providers will have real-time snapshots of over and undersupply of various farming inputs, ancillary services such as storage & transportation, and person to person market access with the ability to make instant transactions.
The fund aims to catapult investment into early stage ventures who use this data to fashion innovative, technology enabled, solutions that reduce agriculture value chain inefficiencies.
It is estimated that the Pastory Index will assist in accurately locating the sites of agriculture bottlenecks and loss-centres while allowing small holder farmers and local service providers to absorb the value addition possibilities across hundreds of crop production and sale cycles, to the tune of $500 billion in annual opportunities.
The Global Forum, COP27, and Davos completed as Vision 2030 Fund begins its investor roadshow.
William was also pleased to announce the beginning of Vision 2030 Fund’s roadshow series. “On the back of a successful end of 2022 where we delivered high level presentations to the Global Forum in Muscat, COP27 in Sharm El-Sheikh, and now the World Economic Forum in Davos, we are pleased to announce the beginning of our roadshow, and are to hold advanced talks with backers for Africa’s first early state agriculture innovation venture capital fund”, he shared in a private meeting.
Vision 2030 Chairman Marc Watum added, “the Vision 2030 Fund accepted the honour to speak at this not-to-miss event. Thank you to the Global Forum Vice President and Founder of the Sweden-Japan Ecovillage, Ingrid Andersson, as well as Dr. Thomas Andersson, President of the International Organisation for Knowledge Economy and Enterprise Development (IKED), who have helped our fund to facilitate talks with the highest calibre of impact investment change makers”.
About the WEF Luncheon
This event was co-organised by Horizon 2020 Research and Innovation Projects, Water and Humanity, the Global Commons Alliance, and InTent, with special support from Geneva Centre of Excellence on Smart and Sustainable Cities, and the Global Forum.
Panelists included Olga Algareyova, the Executive Secretary of the United Nations Economic Commission for Europe, Pascal Peduzzi, UNEP GRID-Geneva director, together with senior investment officers from Japan, Europe, and the Middle East.
Africa House Chaired by Will.i.am. (Black Eyed Peas & Managing Partner of Helios)
The Fund participated in several round table and panel-format conversations including the Africa House which featured African Tech moguls including Ralph Mupita, CEO of MTN, Fatoumata Ba, Founder of Jumia Côte D'Ivoire, and international recording artist sensation Will.i.am.
From left to right: Adebola Williams (Red Media), Fatoumata Ba (Jumia & Janngo Venture Capital Fund), Will.i.am. (Helios Investment Partners), Baba Soyoye (Helios)
The Africa House also hosted DRC President Felix Tshisekedi, AfCFTA Secretary General Wamkele Mene, and Acha Leke, Senior Partner & Chairman of McKinsey Africa.
Full panel with Will.i.am. available here.
Comments