Swahili Honey aggregates honey and beeswax from across Tanzania, selling bottled honey in Tanzania and Kenya, and exporting bulk honey and beeswax globally. Last month we visited the factory in Dodoma, Tanzania.
Visiting Rogathe Dairy
Fonio Flakes, available on Amazon
$36+ million of annual revenues
A year ago we touted $24 million in aggregate annual revenues from the bizi for calendar year 2022, up more than three-fold from 2019. For 2023, that total exceeded $36 million, which is more than 5x in four years, and up 60x over the last decade. The bigger growth stories in 2023 were: TRUK Rwanda, which tripled in 2023 to $6.4 million in annual revenues, up from zero four years earlier as the...
The 2024 Gathering
It’s almost time for Africa Eats’ annual “Gathering”, where all of the bizi founders fly to Nairobi for two days of facilitated discussions including a deep dive into building the missing business infrastructure for African SMEs, including a plan to unlock the capital markets. This event is unlike any other we know of. It is the day after Sankalp, but far more interactive...
Where is the line between small SME and medium SME and too big to be SME?
There is no global authority that defines SME, but the EU sets a definition for the EU. The boundaries between “micro“, small, and medium are a mix of employee headcount with either revenues or balance sheet.
Africa Eats specializes in turning micro enterprises into small and then medium-sized enterprises. See Fast-growing SMEs for examples of seven success stories.
Fast-growing SMEs
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...
Visiting Ziweto Nutrition Solutions
Ziweto Enterprise started as a wholesaler and retailer of agrovet supplies, and they have grown to be the largest such company in Malawi. Last year Ziweto Nutrition Solutions was opened, manufacturing animal feeds to sell in those stores. Last month we visited the factory in Lilongwe, Malawi.
Ziweto Enterprise
About Us
Increasing Incomes and Improving Lives (II)
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...
The World is Becoming more African
It’s quite rare when the U.S. media has something nice to say about Africa. This week was an exception, in The New York Times, in an interactive digital article about the population growth and economic growth of the African continent. The median age in Africa here in 2023 is just 19 years old, nearly a decade younger than in India and the rest of South Asia. By 2050, more than 1/3rd of all...