Africa Eats

Africa Eats

Early Stage

For-profit solutions to hunger and poverty in Africa

For-profit solutions to hunger and poverty in Africa


Raised this Round: Raised: $17,361

Total Commitments ($USD)



Start Date


Close Date


Min. Goal
Max. Goal
Min. Investment


Security Type

Equity - Preferred



SEC Filing Type

RegCF    Open SEC Filing

Price Per Share


Pre-Money Valuation


Year Founded



Farming & Agriculture

Tech Sector


Distribution Model




Capital Intensity


Bainbridge Island, Washington

Business Type


Africa Eats, with a valuation of $1.7 million, is raising funds on Wefunder. It is a for-profit organization tackling hunger and poverty in Africa. Africa Eats platform has 21 vetted and trained companies across eight countries that are processors, aggregators, and distributors of food and help provide food and food-related services to the poor in Africa. The portfolio companies of Africa Eats generated aggregate revenues of $36 million in 2023, growing by more than 50% per year over the past decade. Luni Libes and Jumaane Tafawa founded Africa Eats in November 2021. The current crowdfunding campaign has a minimum target of $50,001 and a maximum target of $123,999. The campaign proceeds will be used to help three companies list on the stock market.

Summary Profit and Loss Statement

FY 2023 FY 2022












Net Income



Summary Balance Sheet

FY 2023 FY 2022




Accounts Receivable



Total Assets



Short-Term Debt



Long-Term Debt



Total Liabilities



Financials as of: 06/24/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Africa Eats 10/24/2024 Wefunder $1,704,157 $17,361 Equity - Preferred Active RegCF
Africa Eats 03/21/2022 Wefunder $300,000 $127,100 Equity - Preferred Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Africa Eats on Wefunder 2024
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $1,704,157
Price per Share: $2.25

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