Food and Beverage Startups in Africa
Overview Powered by AI
Food and Beverage in Africa: Growing market with intense competition. Promasidor, AgriProtein, Edita leading players. Local business leaders see opportunities in value-added products, innovation, and distribution channels. Challenges include infrastructure, supply chain disruptions, and affordability.
Cummulative Funding
$1.2B+
Total # of Companies
72
Total Deal Count
109
Total M&A Count
2
Total # of Investors
159
List of Food and Beverage startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Promasidor is the leading provider of high-quality food products across various regions in Africa | Secondary Market | $ 532,000,000 | 1979 | |
Agriprotein specializes in nutrient recycling to create sustainable sources of protein for the mono-gastric animal feed industry. | Venture | $ 122,500,000 | 2008 | |
Edita Food Industries manufactures croissants, cakes, bakery products and distributes imported sweeteners, olive oils and pasta. | Private Equity | $ 102,000,000 | 1996 | |
Beloxxi is a Nigerian distributer and importer of branded biscuits from an international source. | Private Equity | $ 80,000,000 | 1994 | |
Juhayna Food Industries is a leading Egypt-based manufacturer of milk, yoghurt, juice and juice concentrate. | Debt Financing | $ 73,000,000 | 1983 | |
A South Africa-based independent food retail group | Venture | $ 54,000,000 | 1993 | |
Mo'men Group operates Egypt's largest independent chain of quick service restaurants under its household brand name. | Private Equity | $ 48,500,000 | 1988 | |
Feronia is an agribusiness operating in the Democratic Republic of the Congo (DRC). | Post-IPO Equity | $ 42,500,000 | 1911 | |
Vendease is a Nigerian online marketplace for Africa's food service businesses. | Debt Financing | $ 33,325,000 | 2019 | |
Breadfast is your one-stop shop for bakeries, groceries, fruits & veggies! | Series A | $ 28,000,000 | 2017 | |
OneOrder is a technology enabled supplier and wholesale distributor. | Debt Financing | $ 26,500,000 | 2022 | |
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 | |
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 | |
Mtanga is an innovative Tanzanian company that produces fresh food of best quality at competitive prices. | Venture | $ 6,000,000 | 2004 | |
Raya Foods aims at delivering high quality frozen vegetables and fruits that exceed market expectations | Debt Financing | $ 5,714,750 | 2017 | |
Pioneer Foods produces and distributes a range of branded food and beverage products. | Post-IPO Equity | $ 5,693,224 | 1997 | |
Star Kitchens is a cloud-based restaurant software built for African chefs and food business owners. | Seed | $ 4,500,000 | 2020 | |
Zooba Eats provides Egyptian street food but different. | Venture | $ 4,000,000 | 2012 | |
Big Square is a Kenyan fast food chain company. | Series Unknown | $ 3,800,921 | 2013 | |
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
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
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
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
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
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
Founded
2022
Overview
OneOrder is a technology enabled supplier and wholesale distributor.
Last round
Debt Financing
Total raised
$ 26,500,000
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
Founded
2003
Overview
Minimex is the largest producer of fine maize products in Rwanda.
Last round
Venture
Total raised
$ 3,000,000
Employee