Last week, we had a light moment with Dr. Simone Knapp, the Austrian Ambassador to Ethiopia, Congo, Djibouti, South Sudan, Uganda, African Union & IGAD during the High Level Koffi Annan Award for innovation in Africa award ceremony. Her interest in Karpolax sounded a great array of hope and highlighted to us the immense impact Karpolax is poised to make in the next 12 months!
We are set to enter two new markets, Kenya and Rwanda, double our user base, double our production, and double our revenue. As Karpolax remains a product highly on demand in our African ecosystem, we hope that by doubling our production, we’ll be able to meet the current demand and deliver our product to our customers who are still on a waiting list!
To incentivize our growth plans, we are looking at raising $500,000 for 10% of our company, we intend to close this round by end of October 2024. We are looking at bringing on board investors with expertise in manufacturing to add immense value to the company production capacity and knowledge.