Despite over ¾ of Africans being farmers or children of farmers, not every African is able to eat three meals per day. Most of that is due to post-harvest losses, with up to ⅓ of the grain and almost ½ of all the fruit and vegetables grown never making it to a plate to eat.
Because of the post-harvest losses, Africa spends tens of billions of dollars per year importing food. Ending this downward spiral of mounting debt ends when Africa is a net exporter of food.
There is far too much friction in funding the existing, homegrown, for-profit solutions to hunger and poverty too often ignored by financial institutions. Not just initial funding, but growth-stage funding and critical financial services.
A solution for all these issues is Africa Eats, a holding company with a diverse set of African food/ag companies supporting hundreds of thousands of smallholder farmers, feeding millions of Africans.
Africa Eats does not try solving this problem from scratch, but instead begins with two dozen bizi, who were all once tiny SMEs, who in 2025 earned over $56 million in aggregate revenues, over $8 million in aggregate profits, and which increased the incomes of more than 1 million smallholder farmers and their families.
A liquid public equity investment that tripled in value in its first six years of operations, beating the the best-of venture capital and private equity funds with a unique Berkshire Hathaway-inspired investment model.
See how it works in more detail and contact us if you are interested in owning a piece of this fast-growing portfolio or if you can help us grow these companies even faster.
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...
Africa Eats was publicly listed on the Stock Exchange of Mauritius back in December, 2024. The launch went well, and the share price is up 11.1% since then, with the share price pausing at $2.50 due to a quick private placement that closed last week.
Shares are available every weekday on the stock exchange using the tuesday.africa app.
The 2025 Africa Eats’ Annual “Gathering” is where all of the bizi founders flew to Nairobi, met by 50 guests for three days of facilitated discussions. This was our first gathering as a public company, and with that, this year’s event copied more of the style of Berkshire Hathaway’s famous annual shareholder gathering. Building off of the unique business model of...
Africa Eats management shares the highlights of Q4 2024, a preliminary view of 2024 financial statements, aggregate bizi revenues for 2024, and an announcement of the Q1 private placement. The slides presentation is available on tuesday.africa/EATS. Some highlights include: The updated map. 22 bizi based in 8 countries, selling to many more. Africa Eats, Elite Meat (dba PMP), and Ziweto publicly...
A year ago we touted $36 million in aggregate annual revenues from the bizi for calendar year 2023, up from $24 million we reported in 2022, up from only $600,000 back in 2014. That is a compounded growth rate of 55% of the past 11 years. Looking back to the 2010s, what is most obvious is how small all these companies were back then. Common SMEs like hundreds of thousands of others. The big...
If you have to summarize Africa Eats into just seven words… Africa Eats helps quickly scale up SMEs. Give us more words and we’ll talk about investing in the food/ag supply chain, filling in the gaps of business infrastructure, and our progress ending hunger and poverty. But we do all that by helping SMEs scale up from tiny to millions in annual revenues. Below are seven examples of...
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...