Africa Eats is an investment holding company with a diverse portfolio of 27 companies, all run by native Africans, all focused on mitigating hunger and poverty through building out the supply chain for food and agriculture across Africa.
All the investees were sourced through the Fledge network of accelerator (https://vc4a.com/fledge/).
Historically these companies have been growing revenues at 49% year over year. Historically these companies have created more than $1 of revenue per $1 of investment capital. Looking forward the expectation is similar fast growth and similar capital efficiency.