Investing in An Ethiopian Business Poised for Rapid Growth

Ethiopia has changed since the famine of the 1980's that prompted pop stars to raise funds through a lovely concert and catchy tunes. Explore the current landscape with one of our portfolio companies. 

Verde Beef Processing is a feed production, cattle fattening and beef processing business Located in Ethiopia’s largest state, Oromia (about 3 hours from Addis Ababa), Verde Beef is raising the country’s largest herd of cattle.

Verde has been leasing a processing facility but is quickly outgrowing it. Overall, this business is on track to scale to $100mm in revenue and $38M EBITDA per year. At that level of productivity the company will employ 2,500, and create 50,000 new jobs in the beef industry.

Read More
Our Visions of Work and Business are Anemic

Work is how I amass enough power and wealth to make other people work for me.

Business is the means by which a few owners get rich through the effort of others. 

The highest calling of a Christian in business is to make a lot of money to give away to the church and ministries.

We may not say it quite like this, but many of operate as if these lies and half-truths are true. If this is how we view work, it's no wonder that 70% of Americans hate their jobs or are completely disengaged (according to a Pew Research Poll.) This lame understanding of work also limits our potential to partner with God in some really amazing ways. By renewing our theology of work, we can better understand the role of business in the Kingdom of God. This is essential if we are to realize the power of business to serve as winsome witnesses of the Gospel, creatively demonstrating our faith by being part of the solution.

Read More
Why Invest $3Million in "Redemptive Business"?

Pete Ochs" business Seat King exemplifies the best of "Redemptive Business" as a means of creating jobs and transforming lives.

Expanding on traditional Evangelism/Discipleship, the idea of Redemptive Business borrows heavily from Praxis Labs’ concept of a “redemptive entrepreneur”, or one who seeks to embody the gospel in creating and building a venture that leaves a meaningful impact on the world. 

Read More
What Impact Can $30 Million Have?

In the first 18 months of Impact Foundation, we have place $30 Million in 53 Impact Companies, spanning the globe from Silicon Valley to Laos. The impact of those investments encompasses most of the main categories of transformation sought by traditional charity plus a few areas that charity cannot reach. Read about the causes and places that our investments seeks to transform. 

Read More
Olive Tree Investments and Impact Foundation Join Forces

Some of our more devoted followers may have noticed that some months ago Impact Foundation and Olive Tree Investments joined forces. If you haven't noticed, or are confused by the combination, this blog is for you.

It’s a natural fit as both groups put charitable capital to work in enterprises that seek measurable social and kingdom transformation while earning money. Impact Foundation offers donors a flexible tool for charitable investment, while Olive Tree searches the globe for the best transformative businesses in emerging markets.

Read More
Welcoming Steve Doerr, Chief Operating Officer

We are excited to welcome Steve Doerr to the team. He recently retired as an executive at ExxonMobil after more than 27 years. As Chief Operating Officer, Steve will help us shore up Impact Foundation's infrastructure and position us for the next phases of growth.

Steve has extensive experience managing diverse global portfolios and has lived and worked in Europe, Asia, the Middle East and Africa as well as the US.

Read More