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.
It’s almost time for Africa Eats’ annual “Gathering”, where all of the bizi founders fly to Nairobi, to be met by dozens of guests and for multiple days of facilitated discussions. This is our first gathering as a public company, and with that, this year’s event will copy some of the style of Berkshire Hathaway’s famous annual shareholder gathering. Building...
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...
The original business model at Paniel Meat Processing was for 100% of the animals to be raised by Rwandan smallholder farmers. The “high class” problem in the last year is that demand increased so quickly that the only reasonable path was to build out some in-house animal production, starting with chickens. A hatchery for day-old chicks, six chicken houses, and an abattoir. Enough...