Africaeats

Africaeats

Verified
A pan-African holding company consisting of a collection of high-growth, native-run food/agriculture companies. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$2—2m (Dealroom.co estimates Oct 2022.)
Accra Greater Accra Region (HQ)

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-33 %
EBITDA00000000
Profit00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000
  • Edit
Get premium to view all results
DateInvestorsAmountRound
-investor

$0.0

round
investor

$0.0

round
N/A

$0.0

round
*

N/A

Debt
Total Funding000k

Recent News about Africaeats

Edit
More about Africaeatsinfo icon
Edit

Africa Eats is a unique holding company focused on addressing hunger and poverty across Africa through innovative, for-profit solutions. Unlike traditional investment funds, Africa Eats operates by providing capital to a diverse range of entrepreneurial ventures within the continent. This approach allows it to support businesses that are directly involved in the agricultural and food production sectors, which are crucial for feeding Africa's growing population.

The company serves a variety of clients, primarily small to medium-sized enterprises (SMEs) in countries such as Botswana, Ethiopia, Ghana, Kenya, Malawi, Nigeria, Rwanda, Tanzania, Uganda, and Zambia. These businesses operate in sectors like agriculture, livestock, manufacturing, and renewable energy. By investing in these areas, Africa Eats helps improve food security and economic stability in the region.

Africa Eats operates in the African market, which is characterized by rapid growth and significant potential for impact. The company’s business model is based on a holding company structure, meaning it owns shares in multiple businesses rather than investing in them through a fund. This model allows Africa Eats to provide long-term support and resources to its investees, fostering sustainable growth and development.

The company makes money by earning returns on its investments in these businesses. As the companies grow and become more profitable, Africa Eats benefits from their success. This model not only generates financial returns but also creates social impact by reducing hunger and poverty.

In the first half of 2021, Africa Eats reported revenue of $8.3 million from its 27 investees. If this growth continues, the company is on track to achieve a 70% increase in revenue for the year, despite challenges like lockdowns and power outages. This impressive growth underscores the resilience and potential of the businesses within its portfolio.

Keywords: Africa, holding company, agriculture, food security, SMEs, investment, renewable energy, economic growth, social impact, entrepreneurial support.