Those of you who have been part of TBN from the start will know that TBN Partners made an investment in Silulo (www.silulotechnologies.co.za) in a township outside Cape Town about 5 years ago. Back then it had 4 employees but we’re pleased to update you that since TBN’s initial investment Silulo has grown to over 100 employees, with 19 stores in other South African townships. About 12,000 people have been trained providing vital IT skills and the business is now looking at franchising their model and implementing sophisticated techniques and tools to scale even further. This should encourage us all to make more impact investments.
For more on Silulo check out our case study on the project, or listen to TBN Trustee Ralph Catto’s presentation from 2011.
If you’re new to TBN, or haven’t joined as a Partner yet, but are interested in investing in projects please get in touch on [email protected] so we can talk to about opportunities to make a difference.