Africa Eats

 

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.

Latest stories

The Q2 2026 Report

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Africa Eats published the highlights of Q2 2026. This report and all prior and future reports can be found on tuesday.africa/EATS. Tripled Africa Eats was founded in July 2020, with an initial share price of $1.00 per share. On June 17th, shares of EATS traded at $3.00 per share, tripling in value in just under six years. A venture capital or private equity fund that tripled in value in its 10...

OKIN Group (OKB)

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A vertically integrated bakery from regenerative farm to finished consumer product — engineered for nutrition, climate resilience, and farmer prosperity.

Baking break as well as processing and packaging flour and other specialty products:

okb.com.ng

Movnn

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Nigeria is the most populous country in Africa with almost 250 million citizens. Unlike other African countries, the population is not concentrated in one large metropolitan areas. There are 17 cities with populations in excess of 500,000 people, 6 of which have populations over 1 million people. In practice this makes logistics a key piece of infrastructure for food/ag distribution and commerce...

TRIPLED!

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Last month Africa Eats reached a new milestone, tripling in share price from the $1.00 USD upon incorporation in July 2020 to $3.00 USD by June 2026. A 3x ROI to our initial shareholders. If Africa Eats were a 10-year fund, a 3x return after 10 years of illiquidty would be a top decile return. But, of course, Africa Eats isn’t a fund, it is instead a liquid, publicly listed investment...

AGM 2026 Q&A

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25 minutes of unscripted Q&A between Africa Eats’ shareholders and Luni Libes, CEO

Why did we list on a stock exchange?

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Why is Africa Eats a publicly listed company? Why did we do that when the company was valued at just $25 million? Why Mauritius? Recorded live at Africa Eats’ 2026 Annual Gathering. Africa Eats’ co-founders Luni Libes and Jumaane Tafawa answer these and related questions. A glimpse into the internal-only Day 2 activities of that event. AI SUMMARY: Key Highlights & Core Motivations...

How do you value the bizi?

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How do you value a portfolio of fast-growing, profitable African SMEs? Carefully. One by one. Using a mix of fundamentals, depending on the stage of growth, historic performance, and other factors: Recorded live at Africa Eats’ 2026 Annual Gathering. Africa Eats’ co-founders Luni Libes and Jumaane Tafawa explain to the bizi how the world values their companies, and through that how...

What do Farmers Need?

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What do African smallholder farmers need? No one truly knows. No one that we know of has ever asked more than 1,000 (of the hundreds of millions) what they think they need. Recorded live at Africa Eats’ 2026 Annual Gathering. This is a discussion between Africa Eats’ co-founders Luni Libes and Jumaane Tafawa with the founders of the bizi. A glimpse into the internal-only Day 2...

The Q1 2026 Earnings Call

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Africa Eats shared the highlights of Q1 2026 on a Zoom call with shareholders. A video recording of that call is below. The written report can be downloaded here, the slides from this presentation here, and all published reports are available on tuesday.africa/EATS: 00:00 Welcome00:28 Mission01:07 2026 Annual Gathering03:44 Bizi03:56 Aggregate Revenues05:01 Valuation09:58 Quarterly Financial...

2025 Annual Report

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As a publicly listed company Africa Eats publishes a detailed report of its annual activities along with audited financial reports. This year’s Annual Report includes details on: Aggregate portfolio revenues Aggregate portfolio profits Another lesson from Berkshire Hathaway New bizi Failed bizi Compliance ESG The Annual Gathering Financial reports Stock price Team The complete report from...

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