In this conversation, Luni Libes, CEO of Africa Eats, discusses the transformative potential of impact investing in Africa, focusing on agriculture and food security. He shares insights on how his approach differs from traditional venture capital, emphasizing profitability and sustainable business models. Luni highlights the unique challenges and opportunities within the African startup...
Africa Eats shared the highlights of Q3 2025 on a Zoom call with shareholders, recorded below:
00:00 Welcome 21:30 Foward Looking 30:20 Q&A
See tuesday.africa/EATS for the latest share price, audited financial reports, announcements, and news.
Seven years is a very long time to try and predict into the future. Most new businesses do not attempt to project that far out. Normally it is just 3 years. 5 years at most. In the latest quarterly report, Luni Libes (CEO) took a look back at the very first financial model, built back in August 2018, seven years and two months ago. If Y1 is 2018, then Y7 is 2024, which means that we can actually...
Africa Eats’ 2026 Annual Gathering will be on February 5th, 2026 in Nairobi, Kenya. This is the event where we fly all of the bizi founders fly to Nairobi for 2-3 days of facilitated discussions and training, and where we invite guests to join for the first of those days. Screenshot Africa Eats is not a fund. We are not investor and investee. Africa Eats is the HQ team and all the bizi...
One of the benefits of owning a publicly listed company is far greater transparency into a company’s financials and workings, and that includes analysis of all that information by 3rd party analysts. The first of these to cover Africa Eats is Emerging & Frontier Capital (EFC), “an independent equity research house specialising in emerging and frontier markets, offering unbiased...
“The business model we invest in is pretty simple. Pick a crop, find a few hundred farmers who grow it, buy from them, do something with the crop, and sell to retailers. That’s the model.” – Luni Libes It sounds almost obvious, yet the portfolio’s performance is astonishing: Africa Eats portfolio companies have grown revenues by a staggering 55% CAGR in 11 years. No blue-ocean strategy here...
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: