“The disparity haunts me,” said JP Fabri, co-founder of myUbuntu and partner at Seed, who recently shared a poignant reflection on LinkedIn about his experience in Burundi, a country in East Africa.
The post, accompanied by a striking photograph, underscores the stark contrast between childhood experiences in different parts of the world.
Mr Fabri acknowledged the privileges his own children enjoy – access to education, ample food, and a carefree upbringing – while recognising that for many children in Africa, life begins with struggle and uncertainty.
“This photo was taken in Burundi. It captures a reality that is hard to digest but impossible to ignore,” he wrote, adding: “It reminds me, deeply and profoundly, how much of life is shaped by the simple incident of birth.”
It is this disparity that fuels his drive for myUbuntu, a company committed to providing insurance solutions to underserved communities across Africa.
“myUbuntu was born out of the belief that no child, no family, should be left without the tools to thrive simply because of where they were born,” Mr Fabri said – he sees Africa as a continent brimming with potential, yet often hindered by circumstances beyond people’s control.
“Every farmer we insure, every partnership we create, is a step toward leveling the playing field, toward ensuring that the accident of birth does not dictate the course of a child’s life,” Mr Fabri noted.
Chairman Alfred Pisani meanwhile said the group will increasingly focus on profitability with a focus on regular dividends.
'The country has the potential to carve out specialised niches in the growing global market.'
Revenue for the year stood at €3.5 million, while equity strengthened to €29 million.
Maintaining a respectful, psychologically safe, and productive workplace during a highly polarised period