INTERNATIONAL - One Thousand & One Voices® (1K1V) has announced its growth capital investment in The Rosehip Company, an export-focused healthy food company situated in the Kingdom of Lesotho.
The 1K1V is a private family capital fund backed exclusively by industry-leading families from around the globe and the investment will increase the Rosehip’s production capacity and broaden its international footprint.
1K1V which as its headquarters in Cape Town has invested in five South African businesses.
"The Rosehip Company plays a critical role in stimulating the struggling Lesotho economy, by directly employing up to 120 people, indirectly employing approximately 4,500 individuals and financially supporting in excess of 30,000 people annually," said Hendrik Jordaan, President and Chief Executive of One Thousand & One Voices®.
Jordaan added, "We are proud to invest in a company that supports rural communities across Lesotho, a region that stands to benefit from job creation".