Africa Eats
For-profit solutions to hunger and poverty in Africa
Overview
Raised: $127,100
Rolling Commitments ($USD)
03/30/2022
$2,230
156
2021
Farming & Agriculture
Non-Tech
B2B/B2C
Low
Low
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
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Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$0 |
$0 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
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Cash |
$0 |
$0 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$0 |
$0 |
Short-Term Debt |
$0 |
$0 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$0 |
$0 |
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Founder Profile
Founder Profile: Luni Libes of Africa Eats
The relationship between poverty and hunger is especially apparent in Africa, which is home to more than 25% of the world’s hungry. This poverty partially stems from agricultural issues, including poor infrastructure and unequal trading terms with outside countries. Because agriculture plays a major role in the African economy, improving the industry could provide enormous benefits across the continent.
Africa Eats is helping African businesses involved in the agricultural supply chain. It consists of two parts: Africa Eats Ltd., a holding company with a portfolio of 27 African companies, and Africa Eats SPC, which provides those companies with services to help them succeed. We reached out to co-founder and CEO Luni Libes to learn the company’s origins and how it finds other companies to invest in.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.