2025 Annual Report

As a publicly listed company Africa Eats publishes a detailed report of its annual activities along with audited financial reports.

This year’s Annual Report includes details on:

Aggregate portfolio revenues
Aggregate portfolio profits
Another lesson from Berkshire Hathaway
New bizi
Failed bizi
Compliance
ESG
The Annual Gathering
Financial reports
Stock price
Team
The complete report from the auditors

Aggregate bizi revenues exceeded $56 million USD

Aggregate bizi profits exceeded $8 million USD

Eight new “fledglings” were chosen, trained in Q1 2026, and expected to be added later this year.

The share price was up 23% for the year, reaching $2.77 by December 31st (growing further to $2.90 by April when the report was published).

Download the report for all of the details.

25 minutes of unscripted Q&A between Africa Eats’ shareholders and Luni Libes, CEO

We listed three African companies on the Mauritian stock exchange in a single day, a meat processor from Rwanda, an agro-vet supplier from Malawi, and Africa Eats too. In this podcast, Luni Libes, Africa Eats’ CEO, explains how and why we did that. In this episode, we break down how we took SMEs public, why we created Africa’s first equity market maker, and how African founders can...

Recorded live at AFSIC, the continent’s leading investment conference connecting investors, dealmakers, and African business leaders.

afsic.net

We often talk about the resiliency of African entrepreneurs, and how the bizi founders refuse to give up when business gets difficult. Well… once upon a time, there was a $1.1 million annual revenue bizi whose revenues dropped to zero when a flood wiped out all of their farmers’ crops. I less resilient entrepreneur would have stepped away for good. Brigitha Faustin is not one to give...

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