The KDF was established in January 2022.

• Farmers producing  white maize, sugar beans, oats, wheat, raisins, potatoes, groundnuts
• Black owned Small and Medium enterprises that are doing business with or intending to do business with PepsiCo

The applicant needs to be legally registered and be able to provide a historical record of  operational success. In addition, we will be looking for B-BBEE contribution levels and 51% black ownership structure.

Debt funding to fulfill their working capital and other requirements

• Partner- founding and co-funding partners, funders of the Fund, 
• Service providers- entities employed by the Fund to fulfil certain requirements according to the scope of work
• Clients- funded enterprises

The KDF sources investment opportunities from both appointed business development service providers (BDSP) and directly from applicants. The fund appoints BDSPs  to provide a pipeline of viable applications, mitigate operational and financial risks, and provide support to meet performance targets and outcomes. Beneficiaries applying directly for funding also serve as a source of investment opportunities.

Potatoes, white maize, oats, raisins, wheat, fruits (concentrate), groundnuts

Distributors, retailers, co-manufacturers, co-packagers and packaging.

The fund also offers black-owned startups that have innovations in areas of Agri (Tech) Solutions, Affordable Nutrition and Sustainable Packaging the opportunity to participate in an Innovation Challenge. Startups are selected to participate in an accelerator program and receive financial support for their business.