Keev Capital’s $10 Billion Investment in Emerging Markets
Emerging markets are transforming the global economy, offering unparalleled growth and innovation opportunities. With a $10 billion investment strategy, Keev Capital is committed to driving progress by targeting sectors that ensure long-term impact and profitability. The Attraction of Emerging Markets Emerging markets are projected to attract over $700 billion in foreign direct investment (FDI) by 2025, fueled by rapid advancements in technology and infrastructure. Urbanization, a growing middle class, and tech-savvy youth are propelling these markets into key drivers of global economic expansion. Key Insights: Keev Capital’s $10 Billion Strategy Keev Capital’s strategy focuses on three high-impact areas within emerging markets: 1. Tech and Digital Change Investment Focus: Fintech, e-commerce, and AI platforms.Impact: Driving financial inclusion and scalable digital infrastructures. Example:Keev Capital’s investment in a Southeast Asian fintech startup has enabled over 10 million unbanked individuals to access digital financial services. 2. Sustainable Infrastructure Development Investment Focus: Renewable energy, smart cities, and transportation.Impact: Supporting green initiatives and sustainable urbanization. Example:Keev Capital’s renewable energy projects in Africa have generated over 200 MW of clean energy, benefiting millions while contributing to sustainable development. 3. Healthcare Innovation Investment Focus: Biotechnology, telemedicine, and healthcare accessibility.Impact: Addressing healthcare challenges related to affordability and availability. Example:Keev Capital’s investment in a Latin American healthcare startup launched telemedicine services, reducing patient wait times by 40% and improving healthcare accessibility. Why Choose Keev Capital? Keev Capital stands out with its localized expertise, robust risk management, and commitment to sustainability. By partnering with local entities and employing data-driven insights, Keev Capital maximizes investment impact while supporting economic growth in emerging markets. Key Advantages: Our $10 billion allocation reflects our belief in the transformative power of emerging markets and our dedication to shaping their economic futures. Join the Movement Emerging markets represent the future of global investment. Keev Capital invites forward-thinking businesses and partners to collaborate in transforming these regions for exceptional growth and innovation. Partner with Keev Capital Today: Let’s shape the future of global investment together.
EDC Has Small Fiscal 2024 Profit Despite Big Sales Decline
A $8.2 million reduction in its inventory levels allowed Educational Development Corp. to post net earnings of $546,000 for the fiscal year ended February 28, 2024, compared to a loss of $2.5 million in fiscal 2023. Sales at the company tumbled 42%, to $51 million, from $87.8 million a year ago. CEO Craig White said that EDC’s continues to prioritize cash flow over profitability as the company works to cut its bank debt. During the year, EDC did manage to reduce its bank borrowings from $45.7 million to $33.9 million. The company took on high debt to fund an expansion following an extraordinary sales boost during the early months of the pandemic, when sales hit a record high of $204.6 million in fiscal 2021. The gain was driven by a combination of parents looking for educational books for their children during school closures and a spike in the number of at-home sales reps, which topped 50,000 as parents looked to earn money when other businesses were closed. Since that spike, sales have declined every year, the number of sales reps—now called PaperPie Brand Partners—dropped to 15,500, and EDC has overhauled its operations to operate at a much smaller company. In addition, EDC lost the rights to distribute the Usborne book line to retail accounts, an important factor in a 59% drop in sales in its publishing unit in the year. Sales in its much larger PaperPie division dropped 39%. White said EDC continues to face economic challenges, particularly high inflation, which has reduced the discretionary income of its main audience, families with small children. The two-year implementation of a new e-commerce platform also discouraged parents from becoming sales reps, but marketing chief Heather Cobb said that the new platform has been working well since it was implemented in January, and that she hopes the number of reps will start to increase. White’s biggest priority at the moment, he said, is to sell EDC’s Oklahoma headquarters and use the proceeds to pay off its debt. Sale negotiations are continuing, and when a deal is reached, EDC expects to lease back part of the building to house its employees. No timetable was announced for when a sale may be completed.
