Africa Eats lowers hunger and poverty in Africa by investing. We do this using a unique three part business model. The video above explains those three parts in two minutes, and the Berkshire Africa book explains it in 100 pages.
Luni and Jumaane, the co-founders of Africa Eats have published a book, “Berkshire Africa” that explains how our unique investment company has applied the learnings of venture capital, business accelerators, and Berkshire Hathaway toward solving hunger and poverty across Africa. We’ve explained this before, in brief, but now have a 160-page book with far more details, including...
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...
Africa Eats was founded in July 2020, but the business plan was written back in late 2018 and the financial model iterated many times in 2019. It is interesting to look back at the early models to see what has changed. Little has changed in terms of structure, but quite a lot has changed in terms of scale. The 2019 model seemed aggressive at the time, but now it looks tame. In 2019 the estimate...
Africa Eats’ mission is to lower hunger and eliminate poverty across Africa. Dropping post-harvest losses from 40% to 2% is one way to lower hunger. The other is increasing the incomes of farmers, which simultaneously and directly eliminates poverty. On average, the bizi double the income of their farmers. We’ve seen that proven in the first 60 Decibels report on the farmers of East...