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Security Type
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Debt
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Categories
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Infrastructure, Manufacturing, Agriculture, Food & Bev
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Min Investment
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$100
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Location
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Bainbridge Island, WA
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Offering Date
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September 28, 2021
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Expected Close Date
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April 30, 2025
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Target Raise
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$50.00K-$124.00K
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No. Investors
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158
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Security Price
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$2.25
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Valuation
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$200,000
- Number of Employees
- 1
- Cash
- $3,438
- Revenue
- $0
- Short Term Debt
- $13,467
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $-45
Company Description
The coronavirus pandemic brings more than a healthcare crisis to Africa, it brings disruptions to the food supply chain that will likely cause widespread hunger and starvation. A solution for all these issues is Africa Eats, a holding company with a diverse set of African food/ag companies supporting hundreds of thousands of smallholder farmers, feeding millions of Africans.
Key Deal Facts
Your investment will literally feed Africa, not as charity but by building the food supply chain
That food is grown by "smallholder" farmers, growing their incomes 50%-500%, ending their poverty
The companies we work with have a history of both high growth and profits
Because Africa... these companies do not have access to common financial services
Africa Eats fills in those gaps, helping these companies grow to be big, national-scale companies
Management Team / Advisory Board Bios
Luni Libes, Co-founder & CEO
30 year serial entrepreneur. Founder of Fledge, a global network of business accelerators. Author of "The Next Step" books for entrepreneurs. Creator of "The Angel Accelerator". Taught entrepreneurship at multiple business schools.
Jumaane Tafawa, Co-founder & Executive Director
20+ year expert on corporate growth, having started and grown multiple multi-hundred million-dollar African companies and also helped expand Fortune 1000 companies across the African continent. Harvard Kennedy MPA.
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Business Idea
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Management Team
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Valuation
Security Description
Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.