Africa Eats, Elite Meat, and Ziweto all listed as public companies on the Stock Exchange of Mauritius nine months ago, today. How are are the companies doing? All three share prices are up: +15.6%, +10.3%, and +15.8%. There are 50 companies listed on the main board of this stock exchange. Sorted by market capitalization, the companies are smaller than average, ranking 33rd, 43rd, and 45th. Which...
Livestock Bank, a wholly-owned subsidiary of Paniel Meat Processing (PMP) has officially opened it’s new chicken hatchery, chicken houses, and chicken processing facility. The largest of its kind in Rwanda.
PMP is itself a wholly-owned subsidiary of Elite Meat, which Africa Eats helped to list on the Stock Exchange of Mauritius late last year.
Africa Eats shared the highlights of Q2 2025 on a Zoom call with shareholders, recorded below: 03:22 Annual Gathering07:50 Bizi growth stories09:42 Balance sheet13:40 Income statement18:00 Cashflow statement19:50 Share price23:55 Liquidity 31:46 Listing of TRUK Africa34:15 What is the AGRI ETF?39:47 Swapping continents41:05 Q&A See tuesday.africa/EATS for the latest share price, audited...
The first shipment of honey from Tanzania to be sold in the UK is on its way. Swahili Honey is the brand name, whose corporate name is Central Park Bees, as seen on the back of the bottle (below) above the name of the UK importer.
A video site visit of the Swahili Honey factory is Dodoma is below:
Africa Eats is now old enough to to benchmark our share price. We invest in young, fast-growing companies, so a good comparison would be the private equity (PE) and venture capital (VC) funds. But Africa Eats is now publicly listed (and liquid) and thus another good comparison is the public stock indecies. McKinsey recently published a report on “Global Private Markets” with returns...
Africa Eats management will share the highlights of 2024, the results of the Q1 2025 private placement, and details on the 2025 project with the Nairobi Securities Exchange on this upcoming earnings call, recorded in front of live audience at Africa Eats’ 2025 Annual Gathering in Nairobi, Kenya. The stream begins at 9:30am East Africa Time Aggregate revenues for the bizi grew in 2024 to...
It’s almost time for Africa Eats’ annual “Gathering”, where all of the bizi founders fly to Nairobi, to be met by dozens of guests and for multiple days of facilitated discussions. This is our first gathering as a public company, and with that, this year’s event will copy some of the style of Berkshire Hathaway’s famous annual shareholder gathering. Building...
Episode 160 with Luni Libes, a serial entrepreneur, investor, and impact-driven venture builder. Luni is the founder and CEO of Africa Eats, an innovative investment company tackling food insecurity and poverty across Africa by scaling profitable, for-profit agribusinesses. He also leads SEMX, a groundbreaking initiative unlocking public capital markets for African SMEs.Africa Eats invests in and...
Business Magazine (of Mauritius) covered the story of the launch of the SEMX in its latest issue. The translation from French to English is below. Screenshot AFRICA Eats, Elite Meat Processors and Ziweto Holdings are the three companies listed simultaneously on SEMX, a new segment targeting African companies. To qualify for SEMX, Vickram Ramful, Head of Listing at SEM, specifies that a company...
Africa Eats (EATS), Ziweto (ZWTO), and Elite Meat (ELIT) were publicly listed on December 3rd. One month later… the price of all three companies shares are up from December, thanks to new investors buying shares through the stock market. stockexchangeofmauritius.com/products-market-data/sem-x-segment/trading-quotes The liquidity of these shares is made possible by Tuesday Markets, the first...