Invest in Africa Eats

For-profit solutions to hunger and poverty in Africa


reserved of a $50,002 goal
Priced Round
$1.7M pre-money valuation


Your investment can help to feed Africa, not as charity but by building the food supply chain
That food is grown by "smallholder" farmers, doubling their incomes, ending their poverty
Aggregate revenues across Africa Eats companies exceeded $36 million in 2023
Those revenues have grown by more than 50% per year, every year over the past decade

Featured Investor

Our Team

We do this work because it is needed, because so few others are doing it, and because we love the core idea of making money while solving some of the big problems of the world, e.g. hunger and poverty.


Africa Eats (cover slide)

Africa Eats is a mission-driven for-profit company...

Making a difference in hunger and poverty

We aim to be a good, money making investment for our shareholders while at the same time lowering hunger and poverty across Africa. We do that by working with mission-driven for-profit companies that lessen hunger and poverty simply by operating their businesses.

Specifically, 21 companies based in 8 countries (Kenya, Uganda, Tanzania, Rwanda, Zambia, Malawi, Ethiopia, Botswana, and Ghana) whose sales extend to the yellow countries too.

The companies we work with have fast-growing revenues. This is not representing Africa Eats SPC's revenue.

These were all tiny companies 10 years ago. In fact, most were founded after 2014. Yet by 2023 these companies had earned over $36 million in aggregate annual revenues.

How do they lower poverty? Most of these companies buy food grown by smallholder farmers. Typically doubling the income of those farmers. Thus the vast majority of that $36 million dollars ended up on the hands of farmers and their families. Millions of people are living better lives from all this growth.

There are also all profitable companies. That isn't common for young, fast-growing companies. But these are companies whose business can be disrupted by drought, floods, and other weather, and as such a few each year are unprofitable.

Let's look at five companies to show off what we mean by "fast-growing"

Back in 2016, Ziweto Enterprise operated three small agrovet shops in rural Malawi, selling livestock medicines and vaccines to smallholder farmers. Ziweto is now the largest agrovet supplier in the country of Malawi. In 2022 Ziweto built an animal feed factory, to help feel those animals too. See for a 30-second video of one of their retail stores and for a video site visit of the new factory.

Back in 2019 Goldenpot helped a few hundred women smallholder farmers in Tanzania earn an income from farming maize and milling that maize into flour. Four years later the company creates incomes for thousands of farmers, still mostly growing maize, quite a lot milled into fortified maize flour, plus Goldenpot is the only domestic manufacturer of porridge and breakfast cereal in the country of Tanzania. See for a video site visit of the factory.

In 2017 Paniel Meat Processing was the fourth largest provider of sausage in Rwanda, all produced with one hand-cranked sausage stuffing machine. Six years later the company is a major wholesaler and retailer of beef, chicken, and pork, with most of those animals raised by smallholder farmers, growing incomes while lowering protein deficiency (which is a huge malnutrition problem across Sub-Saharan Africa). See for a video visit to PMP and Livestock Bank.

In the midst of the pandemic, the founder of PMP did something about the lack of refrigerated trucking and cold storage in Rwanda. He launched TRUK Rwanda to fill that gap, growing the company from nothing to over $6 million in annual revenues in less than four years. Bootstrapped until 2022. Profitable all but the first month. See

East Africa Foods has grown 140x over the last 10 years. It is far by the largest aggregator of fruits, vegetables, and grains in Tanzania, with a fleet of over 100 trucks gathering food from tens of thousands of smallholder farmers, and distributing that food in the largest cities in the country. is a long video where EAF's founder pitched the company as the 2022 winner Africa Business Heroes.

The next step is to get the first of these companies listed on on African stock markets. That will let them raise the capital they need to keep up this high growth rate and keep growing their impacts. Some of that growth from expansion into neighboring countries. Africa is a huge continent. Larger than the US and Europe combined. While past performance is not a guarantee of future results, these companies could grow another 1,000x and still only be operating in a handful of countries.

This path to being public is being built by Africa Eats in partnership with a few of the existing African stock exchanges. Africa Eats' role in that partnership is to help the companies with the financial, legal, and governance required to be a public, listed company.

Africa Eats SPC is part of a multinational organization of companies with Africa Eats Ltd., domiciled in Mauritius, being the primary entity. Africa Eats SPC is a US domiciled company and operates as one of the service-providing entities within the Africa Eats multinational company. The funds from this Wefunder raise will be used to prep a handful of companies, such as the 21 listed above, for their public listing on the Stock Exchange of Mauritius. The investing arm of the multinational group makes money by owning the companies in the portfolio, but Africa Eats SPC itself makes money through being paid by the companies for assistance with the listing process.

Another partner is building an app so that Africa Eats shareholders can participate in this listing process too, buying the newly issued shares of these companies, and later buying and selling those shares on those African stock markets.

We have a great team at Africa Eats. It is purposefully an all African team, except for Luni. All of the companies are run by homegrown, African entrepreneurs, and HQ includes Lagos-based Jumaane Tafawa and Dar es Salaam-based Lily Nshangeki.

The impacts spoken about earlier are researched, documented, and proven. See and for two studies of smallholder farmers and their improved quality of life.

Why are we raising just $124,000? Because the use of funds is not to invest directly in these companies, but instead to invest in creating the path where they can be publicly listed companies. That is the only path that leads to enough investment capital to end hunger and poverty on the whole African continent.

Just as the best time to plant is tree was 20 years ago, and the next best time is today. The best time to open this path to the public markets was 20 years ago, and the next best time is today.

In addition to helping those companies, this is also the path that lets Africa Eats' investors make money, as Africa Eats Ltd will be listing too. Africa Eats SPC shareholders will be able to convert their shares to those publicly listed shares of Africa Eats Ltd. That is true for the Wefunder investors back in 2021, who paid $1.00/share. That is true for this fundraising, where the price has more than doubled to $2.25.

Prices for public companies are set by the public markets so we can't guarantee another doubling in the next three years, but that is our goal. And then more and more doublings after that. What we can promise is that once African Eats is listed, shareholders can sell when they choose to sell, or hold for the next 100 years.