Nyota manufactures frozen vegetables, fruits, and beans under the brand name Frozen Isle and sauces under the brand Ntamu. And now, thanks to Africa Eats, is doing so using 25KW of solar power on the roof of their factory outside Nairobi, Kenya.
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...
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...