Food Processing Startups in Africa

Step into the thriving world of Food Processing 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 Processing.

Cummulative Funding

$246.4M+

Total # of Companies

22

Total Deal Count

37

Total M&A Count

1

Total # of Investors

79

List of Food Processing startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

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

Debt Financing

$ 73,000,000

1983

2.

Zambeef Products PLC is a production, processing, distribution and retailing of beef, chicken, pork, milk, etc.

Post-IPO Equity

$ 65,000,000

1994

3.

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

Post-IPO Equity

$ 42,500,000

1911

4.

Agricorp is a Nigerian company that provides global exports to clients of ginger sourced in key trading markets in Africa.

Series A

$ 17,800,000

2018

5.

Cocoa fruit for responsible value creation

Debt Financing

$ 10,200,000

2017

6.

Food Concepts Pioneer Limited owns and operates bakeries which produce baked goods.

Funding Round

$ 7,000,000

2001

7.

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

Venture

$ 6,000,000

2004

8.

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

Post-IPO Equity

$ 5,693,224

1997

9.

SOILL is a modern oil extraction plant and edible oil refinery situated in Swellendam and are committed to the provision of the healthier alternative oils.

Venture

$ 4,000,000

1990

10.

ReelFruit is a Nigerian premium dried fruit company known for its high quality nutritious snacks

Series A

$ 3,050,000

2012

11.

Ngare Narok Meat Industries is a producer and supplier of prime meat cuts and a wide range of processed meat products.

Private Equity

$ 2,500,000

2007

12.

Farmcrowdy is Nigeria's 1st Digital Agriculture Platform

Seed

$ 2,425,000

2016

13.

European Foods Africa is a local medium sized enterprise involved in the cold chain frozen foods distribution.

Debt Financing

$ 2,100,000

2011

14.

A medium sized family owned enterprise that specializes in the production of dairy products as well as processed fruits and vegetables.

Private Equity

$ 1,880,037

1985

15.

InspiraFarms provides agribusinesses in Africa with cold chain solutions and finance for cooling and handling their fresh produce.

Convertible Note

$ 1,800,000

2012

16.

Terraa is a Morocco-based foodtech startup which directly connects farmers with retailers, restaurants, and service providers.

Pre-seed

$ 1,500,000

2022

17.

Baby Grubz is an Nigerian startup which promotes gender inclusion through production and sales of her natural complementary meals for children under 5.

Grant

$ 30,000

2013

18.

Mhogo Foods is Kenyan cassava processing startup which processes cassava into gluten-free flour, and other products.

Grant

$ 20,000

2017

19.

VeggieVictory is a Nigerian food technology company that develops healthy meat-alternatives that are affordable and locally developed.

Pre-seed

Undisclosed

2013

20.

Foodex is an Egyptian AgTech which processes and exports vegetables, fruits, french fries and sauce.

Undisclosed

Undisclosed

2013

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

1994

Overview

Zambeef Products PLC is a production, processing, distribution and retailing of beef, chicken, pork, milk, etc.

Last round

Post-IPO Equity

Total raised

$ 65,000,000

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

Agricorp

Founded

2018

Overview

Agricorp is a Nigerian company that provides global exports to clients of ginger sourced in key trading markets in Africa.

Last round

Series A

Total raised

$ 17,800,000

Employee

11-50

Founded

2017

Overview

Cocoa fruit for responsible value creation

Last round

Debt Financing

Total raised

$ 10,200,000

Employee

51-200

Founded

2001

Overview

Food Concepts Pioneer Limited owns and operates bakeries which produce baked goods.

Last round

Funding Round

Total raised

$ 7,000,000

Employee

1001-5000

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

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+

SOILL

Founded

1990

Overview

SOILL is a modern oil extraction plant and edible oil refinery situated in Swellendam and are committed to the provision of the healthier alternative oils.

Last round

Venture

Total raised

$ 4,000,000

Employee

101-250

ReelFruit

Founded

2012

Overview

ReelFruit is a Nigerian premium dried fruit company known for its high quality nutritious snacks

Last round

Series A

Total raised

$ 3,050,000

Employee

51-200

Founded

2007

Overview

Ngare Narok Meat Industries is a producer and supplier of prime meat cuts and a wide range of processed meat products.

Last round

Private Equity

Total raised

$ 2,500,000

Employee

2-10

Founded

2016

Overview

Farmcrowdy is Nigeria's 1st Digital Agriculture Platform

Last round

Seed

Total raised

$ 2,425,000

Employee

11-50

Founded

2011

Overview

European Foods Africa is a local medium sized enterprise involved in the cold chain frozen foods distribution.

Last round

Debt Financing

Total raised

$ 2,100,000

Employee

Founded

1985

Overview

A medium sized family owned enterprise that specializes in the production of dairy products as well as processed fruits and vegetables.

Last round

Private Equity

Total raised

$ 1,880,037

Employee

1-10

Founded

2012

Overview

InspiraFarms provides agribusinesses in Africa with cold chain solutions and finance for cooling and handling their fresh produce.

Last round

Convertible Note

Total raised

$ 1,800,000

Employee

11-50

Terraa

Founded

2022

Overview

Terraa is a Morocco-based foodtech startup which directly connects farmers with retailers, restaurants, and service providers.

Last round

Pre-seed

Total raised

$ 1,500,000

Employee

11-50

Founded

2013

Overview

Baby Grubz is an Nigerian startup which promotes gender inclusion through production and sales of her natural complementary meals for children under 5.

Last round

Grant

Total raised

$ 30,000

Employee

Founded

2017

Overview

Mhogo Foods is Kenyan cassava processing startup which processes cassava into gluten-free flour, and other products.

Last round

Grant

Total raised

$ 20,000

Employee

11-50

Founded

2013

Overview

VeggieVictory is a Nigerian food technology company that develops healthy meat-alternatives that are affordable and locally developed.

Last round

Pre-seed

Total raised

$ 0

Employee

11-50

Foodex

Founded

2013

Overview

Foodex is an Egyptian AgTech which processes and exports vegetables, fruits, french fries and sauce.

Last round

Undisclosed

Total raised

$ 0

Employee

11-50

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