August Quarterly Briefing

Major Milestone: Talanton's 15th High-Impact Investment

Thanks to our supporters, Talanton has invested in our 15th high-impact, growth-stage business!

[Access August 2024 Quarterly Briefing Here]

In the first half of 2024, we are thrilled to announce that we have already topped 2023's total capital deployed. We have invested or committed $8MM into five companies, including three new ones:

• Kijani Forestry (shared in a June update)
• ARC Ride
• A third new client finalizing KYC legal steps

Thank you for enabling Talanton to steward your capital for triple bottom line impact and increase investments in multiple high-impact companies this year.

Announcing Talanton's Latest Investment: Momentum in Africa

Talanton is thrilled to announce an investment in ARC Ride, Africa's leading e-mobility pioneer. This strategic partnership will revolutionize urban transportation with ARC Ride's innovative Battery-as-a-Service (BaaS) infrastructure, targeting 30,000 electric vehicles on the road by 2027.

Key Impact Goals:

• Significantly reduce CO2 emissions
• Create thousands of stable jobs for low-income communities

ARC Ride's Cutting-Edge Solutions Include:

• Cost-effective battery swapping stations
• State-of-the-art Boda Boda electric vehicles
• Solar-powered infrastructure
• Real-time data management platform for efficiency and sustainability

This investment aligns with Talanton's mission to drive impactful, market-driven solutions that promote environmental and social progress in Africa and beyond.

Portfolio Update: Biofarms Limited Expansion

Major Production Capacity Increase Achieved

Biofarms Limited has successfully acquired new machinery, increasing its avocado oil production capacity from 2 tons per hour to 8 tons per hour – a 4x capacity increase!

Key Benefits:

• Greatly enhanced operational efficiency
• Reduced wastage
• Positioning to meet rising market demand

Talanton's partnership has been crucial in making this expansion possible, setting the stage for Biofarms to further its impact in the agricultural sector and beyond.

Highlights and Achievements

Dolly Sagwe Named Among Kenya's Most Influential Women

We are proud to recognize Dolly Sagwe, a dedicated member of the Talanton Investment Committee, for being named one of the 50 Most Influential Women in Kenya by Africapitol Ventures.

Her remarkable impact includes:

• Financial literacy advancement
• Youth empowerment initiatives

We look forward to her continued contributions in transforming lives and supporting emerging leaders.

Jon Halverson at TBN Impact Investment Summit

Talanton Partner Jon Halverson participated in the TBN Impact Investment Summit in Nairobi, Kenya, leading the way in impact investing.

Powerful quote from Jon's panel referencing 1 Chronicles 29:

"All resources are God's resources. How do you get them to the people who need them the most?"

Watch the short clip below featuring Jon's insights into purpose-driven funding and strategic networking.

Access Your August 2024 Quarterly Briefing

[Access August 2024 Quarterly Briefing Here]

What's Inside:

• Executive Summary
• Arc Ride - new investment in Kenya!
• Financial Update - committed capital plus funding sources
• Top Pipeline Opportunities
• Highlights & Achievements
• Strategic Impact & Service Providers

From the Talanton Team

From all of us at Talanton, we extend heartfelt thanks for being part of the movement of God to create jobs, bring Hope, and transform lives in East Africa.

Blessings,

David and the Talanton Team

Ready to Join the Movement?

You can join the growing community committed to bringing Hope and transforming lives across East Africa.

Contact Us to explore how to:

• Use a donor-advised fund to invest or donate
• Invest as a qualified client

⏰ Important Deadline: Talanton's next investment cycle closes on September 30, 2024.

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