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Nairobi-based SunCulture, an agriculture and climate technology company operating in sub-Saharan Africa, has announced the launch of a new profit-sharing programme called RainDrops.
This initiative aims to provide financial benefits to all full-time employees, regardless of their roles within the organisation.
“Building a high-growth company isn’t just about scaling technology or expanding into new markets. It’s about the people who show up every day to turn the vision into reality,” said Jon Saunders COO at SunCulture.
Founded in 2012 and led by Samir Ibrahim, SunCulture designs, manufactures, finances, and services Africa’s market-leading IoT-enabled solar energy systems and irrigation equipment, as well as other productive agricultural goods and services.
SunCulture’s vision is to build a world where people take control of their environment in rewarding, sustainable ways. The company states that it helps smallholder farmers grow more food through climate technology, carbon financing, and a digital marketplace, and claims to be Africa’s largest solar irrigation company.
According to the company, with RainDrops, every team member, from engineers to support staff, can now share in the company’s financial growth. By aligning employees’ interests with the company’s goals, the initiative aims to improve teamwork and innovation.
Every full-time employee will participate in the RainDrops programme, earning RainDrops over time in recognition of their contributions. If the company reaches a liquidity event, employees will be eligible for a financial reward based on the RainDrops they have accumulated.
Through this programme, SunCulture aims to maintain a focus on equity and shared purpose as it seeks to transform the livelihoods of smallholder farmers across Africa using solar power and climate technology.
“RainDrops is more than a financial incentive. It is a symbol of our gratitude, a reflection of our culture, and a commitment to growing together,” said Samir Ibrahim, CEO of SunCulture. “At SunCulture, we believe in building not just a business, but a movement. That movement is powered by our people. As we work toward a future where smallholder farmers can thrive in the face of climate change, every member of our team deserves to share in the success they help create.”
The announcement comes over 3 months after SunCulture announced the successful completion of the first payout cycle under its climate insurance program in Kenya.
The initiative is delivered in partnership with IBISA Networks (product design and trigger monitoring) and APA Insurance (underwriter, reinsured by Africa Re), with the support of Humanity Insured.
