Kapu
- 05/12/2022
- Seed
- $8,000,000
Consumers in Africa spend a staggering 46% of their income on their grocery basket. When such a large proportion of their income is spent on food, there is very little disposable income left to spend on education, savings or investments. This is a huge blocker to social mobility in Africa.
Kapu is on a mission to reduce the cost of living and save consumers in Africa $1 billion over the next 10 years. To achieve this goal, Kapu is building the most relevant B2C e-commerce model for the majority of urban consumers in Africa.
Kapu launched in 2022 and was founded by an experienced team and is backed by leading African families & top global investors.
- Industry Retail
- Website https://kapuafrica.com/
- LinkedIn https://www.linkedin.com/company/kapuafrica/
Related People
Sam ChappatteFounder
Previously I was a Exec at Jumia - leading the business in Kenya, New Retail initiatives across the Group & launching 6 African markets (Ghana, Cameroon, Senegal, Algeria, Tanzania, Uganda)
I started my career at the Boston Consulting Group, where I was part of the Africa Practice & focused on Retail & Digital.
I Chair the Digital Business Committee @ KEPSA (Kenya Private Sector Alliance) and a Member of YPO, Nairobi Chapter
I am passionate about Africa - it's people, wild places & the potential to build big impactful businesses