Goodwell’s 2024 Impact Report is out now
Goodwell works to build a more inclusive tomorrow, for everyone. But humanity is facing urgent challenges, from climate change to global conflict to wealth inequality. These trying times have made resiliency more than just a desirable trait; resilience is essential. In our new Impact Report, we reflect not just on the impact made by Goodwell’s work in 2024, but also on the resilience required to do so.
Improving lives, livelihoods, and ecosystems
Goodwell consistently helped to uplift Africa’s innovators and entrepreneurs in 2024, making real, tangible impacts on people, households, and communities across the continent. Our investments drove improvement in access, quality, and affordability of basic goods and services and enabled improvements to underlying ecosystems and supply chains, making impact-driven companies more capable of overcoming whatever lies ahead.
Through our portfolio, in 2024 Goodwell supported the creation of 5,513 jobs (1,793 of which are held by women), reached 350,467 smallholder farmers and 533,003 financial agents, and impacted over 38 million end users.
Strategic investment to drive inclusive growth
Goodwell has five offices across Africa and Europe, and last year we achieved B Corp certification on our journey of continuous improvement. With a portfolio that spans Africa and India, we emphasise gender, financial, and digital inclusion. We do this through strategic investments in industries with the highest potential for positive, inclusive impact: financial services, agriculture and food, mobility and logistics, and other high-impact sectors, like clean energy.
In 2024, 100% of our portfolio companies had women serving on their boards or the senior management team, and we continued to model gender parity on our own team, too. We were proud to announce new investments in the financial inclusion sector with ABC, the mobility and logistics sector with OmniRetail, and a follow-on investment in agricultural innovator Souk Farms.
Read Goodwell’s 2024 Impact Report
Impact that’s good for business
Throughout last year, our 22 portfolio companies were actively making the world greener and more inclusive. Many became profitable in spite of economic turbulence, demonstrating their capacity to build thriving businesses under any circumstances, and becoming better equipped to overcome future challenges.
We are actively proving that private equity investors can “do well by doing good”. Would you like to hear more about how we’re making waves amongst Africa’s entrepreneurs while advancing our vision of a more inclusive, resilient future? Download the full report and learn about how Goodwell is building resilience through impact.