Introduction

The first full year of Pharo 3.0.

In 2025 we delivered the first full year of Pharo 3.0, our ten-year strategy and operating model through to 2035, anchored in a simple vision: an economically vibrant, productive, self-reliant Africa.

Across all three missions we apply a private-sector approach to long-term public good: high standards, disciplined execution, and a bias toward sustainability. We have shifted from a legacy of grant-giving toward direct delivery, where our in-country teams are accountable for outcomes.

This work is enabled by Pharo Management and governed by a diverse Board of Trustees, who have entrusted us to deliver lasting impact across East Africa through to 2035.

10yr
Strategy horizon to 2035
3
Missions: education, water, productivity
Aim
Ventures to cover country overheads
Aim
Ventures to support our development programmes
The problem

Why the operating model had to evolve.

The global development ecosystem is shifting decisively toward sustainable, direct-delivery, private-sector-disciplined models. With traditional aid flows contracting, the sector has been forced to prioritise operational sustainability, blended finance and measurable returns.

Standing still was not an option. A model built for one era of development funding would not hold in the next, and the question was never whether to change, but how far.

Impact

The 2035 ambition

What success looks like under Pharo 3.0.

30k
Students in a self-funding model
Across the Pharo Schools network.
250k
Students reached
Through broader education programmes.
5m
Water captured
Through Pharo Dams.
3
Catalytic events
Pharo as a lighthouse: e.g. a water fund, nationalised ECE.
Aim
Self-reliant country offices
Covered by venture proceeds, if the businesses succeed.
Aim
Ventures to support our development programmes
What we've learnt

How we operate

01

Operating cadence.

A consistent review rhythm across the organisation creates transparency, enables faster decisions, and ensures disciplined follow-through across countries and units.

02

Financial discipline.

Stronger controls and predictable planning, with Business Central as the ERP backbone and Planful for financial planning and analysis.

03

Pipeline discipline.

Development, ventures and partnerships are run as three structured pipelines, so ideas progress from concept to investment with rigour.

04

Sustainability focus.

Programmes are designed to operate and grow without perpetual support, with ventures supporting country offices by 2030 and the mission by 2035.

Engage

Invest in the 2035 vision.

For family offices, philanthropists and foundations exploring operator-led capital deployment.