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Tekula CapitalInvesting in African Wilderness

Investing in community-led travel businesses that empower local people to protect their culture, wildlife and wilderness.

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Our Approach

Tekula Capital was established to invest in community-led travel businesses in Africa as a way to support sustainable development and conservation.

As an impact investor, we invest in on-the-ground businesses as a means of ensuring that the money earned through tourism benefits destinations and their local communities for the long-term – environmentally, socially, economically.

Full of promise, these businesses lack the connections to international markets, the marketing experience, and the management experience to harness the huge potential we see in them. Drawing on the experience, intellectual capital and resources of the Africa House Group, we help these businesses become sustainable, successful, and catalyst for wider sustainable development.

Crucially, we are a stakeholder-orientated social enterprise. Which is not to say that shareholders are not important. Rather, it is to highlight the fact that we do not aim to maximise profits at the expense of stakeholders. It's an approach written into our Articles of Association, and serves to guide us in everything we do. Finally, the majority of profits made from our investments are reinvested in the cause, with much of that redistributed to Africa House's non-profit Wild Philanthropy.

Our Investments

To date we have made one investment, successfully establishing Wild Expeditions Ethiopia.

Part-owned by Ethiopian nationals, the business already has a turnover to $1.3m and turns a small profit. Highlights of the support we have provided include:

  • Significant media coverage, including front page of the New York Times travel supplement.
  • Africa House's Journeys by Design has been driving business to Wild Expeditions from day one, allowing Wild Expeditions to scale up fast.
  • Wild Expeditions has been successfully marketed to a top-tier international agent, all of whom use the product.
  • Africa House continues to provide management support, helping the team build a frontier African travel product.

In the first three years of the business, Wild Expeditions Ethiopia has become the country’s finest destination management company.

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Impact

Tekula Captial’s investment in Wild Expeditions Ethiopia has had immediate and enduring impact

As of 2018 includes:

  • 38 people being employed in Ethiopia
  • $33,750 contributed to local communities through tourism fees
  • $20,000 contributed to conservation and community development project
  • $220,000 invested in business growth
  • 35 people provided growth training and support
  • $1,189,959 contributed to the Africa economy

Wild Expeditions’s success is currently paving the way for new investments, with plans for similar ventures in Northern Kenya, Eritrea, Sudan, Chad, CAR, Mozambique and Tanzania.

If you are looking for support in making impact investments into tourism in any of these areas, or elsewhere in Africa, please get in touch.

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About Us

Part of the Africa House Group

Tekula Capital was set up to invest in community-led travel businesses in Africa as a means of supporting sustainable development and conservation in at-risk ecosystems. Wild Expeditions Ethiopia is its first investment, its proof-of-concept success resulting in plans for similar investments in other parts of Africa. The company’s management team is based in Brighton, UK, and in Addis Ababa, Ethiopia.

Africa landscape