Food and Beverage Startups in Africa

Step into the thriving world of Food and Beverage startups in Africa, where innovators are rewriting the rules and redefining what's possible. Our carefully curated list is your passport to explore the trailblazers who are shaping this dynamic sector. Discover their bold solutions, game-changing products, and out-of-the-box thinking as they forge new paths in Food and Beverage.

Cummulative Funding

$1.2B+

Total # of Companies

70

Total Deal Count

105

Total M&A Count

2

Total # of Investors

155

List of Food and Beverage startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Promasidor is the leading provider of high-quality food products across various regions in Africa

Secondary Market

$ 532,000,000

1979

2.

Agriprotein specializes in nutrient recycling to create sustainable sources of protein for the mono-gastric animal feed industry.

Venture

$ 122,500,000

2008

3.

Edita Food Industries manufactures croissants, cakes, bakery products and distributes imported sweeteners, olive oils and pasta.

Private Equity

$ 102,000,000

1996

4.

Beloxxi is a Nigerian distributer and importer of branded biscuits from an international source.

Private Equity

$ 80,000,000

1994

5.

Juhayna Food Industries is a leading Egypt-based manufacturer of milk, yoghurt, juice and juice concentrate.

Debt Financing

$ 73,000,000

1983

6.

A South Africa-based independent food retail group

Venture

$ 54,000,000

1993

7.

Mo'men Group operates Egypt's largest independent chain of quick service restaurants under its household brand name.

Private Equity

$ 48,500,000

1988

8.

Feronia is an agribusiness operating in the Democratic Republic of the Congo (DRC).

Post-IPO Equity

$ 42,500,000

1911

9.

Vendease is a Nigerian online marketplace for Africa's food service businesses.

Debt Financing

$ 33,325,000

2019

10.

Breadfast is your one-stop shop for bakeries, groceries, fruits & veggies!

Series A

$ 28,000,000

2017

11.

OneOrder is a technology enabled supplier and wholesale distributor.

Seed

$ 10,500,000

2022

12.

Boreal Light designs and manufactures affordable solar water desalination systems for off-grid communities around the globe, especially Africa.

Funding Round

$ 7,500,000

2014

13.

Verde Beef Processing PLC is a world-class operation with current capacity to produce premium grain-fed beef for export.

Private Equity

$ 7,400,000

2014

14.

Mtanga is an innovative Tanzanian company that produces fresh food of best quality at competitive prices.

Venture

$ 6,000,000

2004

15.

Raya Foods aims at delivering high quality frozen vegetables and fruits that exceed market expectations

Debt Financing

$ 5,714,750

2017

16.

Pioneer Foods produces and distributes a range of branded food and beverage products.

Post-IPO Equity

$ 5,693,224

1997

17.

Star Kitchens is a cloud-based restaurant software built for African chefs and food business owners.

Seed

$ 4,500,000

2020

18.

Zooba Eats provides Egyptian street food but different.

Venture

$ 4,000,000

2012

19.

Big Square is a Kenyan fast food chain company.

Series Unknown

$ 3,800,921

2013

20.

Minimex is the largest producer of fine maize products in Rwanda.

Venture

$ 3,000,000

2003

Founded

1979

Overview

Promasidor is the leading provider of high-quality food products across various regions in Africa

Last round

Secondary Market

Total raised

$ 532,000,000

Employee

1001-5000

Founded

2008

Overview

Agriprotein specializes in nutrient recycling to create sustainable sources of protein for the mono-gastric animal feed industry.

Last round

Venture

Total raised

$ 122,500,000

Employee

101-250

Founded

1996

Overview

Edita Food Industries manufactures croissants, cakes, bakery products and distributes imported sweeteners, olive oils and pasta.

Last round

Private Equity

Total raised

$ 102,000,000

Employee

5001-10000

Beloxxi

Founded

1994

Overview

Beloxxi is a Nigerian distributer and importer of branded biscuits from an international source.

Last round

Private Equity

Total raised

$ 80,000,000

Employee

101-250

Juhayna

Founded

1983

Overview

Juhayna Food Industries is a leading Egypt-based manufacturer of milk, yoghurt, juice and juice concentrate.

Last round

Debt Financing

Total raised

$ 73,000,000

Employee

1001-5000

Founded

1993

Overview

A South Africa-based independent food retail group

Last round

Venture

Total raised

$ 54,000,000

Employee

251-500

Founded

1988

Overview

Mo'men Group operates Egypt's largest independent chain of quick service restaurants under its household brand name.

Last round

Private Equity

Total raised

$ 48,500,000

Employee

5001-10000

Feronia

Founded

1911

Overview

Feronia is an agribusiness operating in the Democratic Republic of the Congo (DRC).

Last round

Post-IPO Equity

Total raised

$ 42,500,000

Employee

10001-5000

VendEase

Founded

2019

Overview

Vendease is a Nigerian online marketplace for Africa's food service businesses.

Last round

Debt Financing

Total raised

$ 33,325,000

Employee

11-50

Breadfast

Founded

2017

Overview

Breadfast is your one-stop shop for bakeries, groceries, fruits & veggies!

Last round

Series A

Total raised

$ 28,000,000

Employee

51-200

OneOrder

Founded

2022

Overview

OneOrder is a technology enabled supplier and wholesale distributor.

Last round

Seed

Total raised

$ 10,500,000

Employee

51-200

Founded

2014

Overview

Boreal Light designs and manufactures affordable solar water desalination systems for off-grid communities around the globe, especially Africa.

Last round

Funding Round

Total raised

$ 7,500,000

Employee

11-50

Founded

2014

Overview

Verde Beef Processing PLC is a world-class operation with current capacity to produce premium grain-fed beef for export.

Last round

Private Equity

Total raised

$ 7,400,000

Employee

11-50

Founded

2004

Overview

Mtanga is an innovative Tanzanian company that produces fresh food of best quality at competitive prices.

Last round

Venture

Total raised

$ 6,000,000

Employee

11-50

Founded

2017

Overview

Raya Foods aims at delivering high quality frozen vegetables and fruits that exceed market expectations

Last round

Debt Financing

Total raised

$ 5,714,750

Employee

11-50

Founded

1997

Overview

Pioneer Foods produces and distributes a range of branded food and beverage products.

Last round

Post-IPO Equity

Total raised

$ 5,693,224

Employee

10001+

Founded

2020

Overview

Star Kitchens is a cloud-based restaurant software built for African chefs and food business owners.

Last round

Seed

Total raised

$ 4,500,000

Employee

2-10

Founded

2012

Overview

Zooba Eats provides Egyptian street food but different.

Last round

Venture

Total raised

$ 4,000,000

Employee

501-1000

Founded

2013

Overview

Big Square is a Kenyan fast food chain company.

Last round

Series Unknown

Total raised

$ 3,800,921

Employee

251-500

Minimex

Founded

2003

Overview

Minimex is the largest producer of fine maize products in Rwanda.

Last round

Venture

Total raised

$ 3,000,000

Employee

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