StartupList Africa Logo

Cummulative Funding

$232.9M+

Total # of Companies

19

Total Deal Count

28

Total M&A Count

1

Total # of Investors

0

List of Food Processing startups in africa

StartupOverviewLast roundTotal raisedFounded
1.

Juhayna

Egypt

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

Debt Financing

$73,000,000.00

1983

2.

Zambeef Products

Zambia

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

Post-IPO Equity

$65,000,000.00

1994

3.

Feronia

Dr Congo

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

Post-IPO Equity

$42,500,000.00

1911

4.

Agricorp

Nigeria

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

Series A

$17,800,000.00

2018

5.

Food Concepts Plc

Nigeria

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

Funding Round

$7,000,000.00

2001

6.

Mtanga Foods

Tanzania

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

Venture

$6,000,000.00

2004

7.

Pioneer Foods

South Africa

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

Post-IPO Equity

$5,693,224.00

1997

8.

SOILL

South Africa

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

$4,000,000.00

1990

9.

ReelFruit

Nigeria

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

Series A

$3,050,000.00

2012

10.

Ngare Narok Meat Industries Limited

Kenya

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

Private Equity

$2,500,000.00

2007

11.

Farmcrowdy

Nigeria

Farmcrowdy is Nigeria's 1st Digital Agriculture Platform

Seed

$2,425,000.00

2016

12.

European Foods Africa Ltd

Kenya

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

Debt Financing

$2,100,000.00

2011

13.

Eldoville Dairies Limited

Kenya

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

Private Equity

$1,880,037.00

1985

14.

Baby Grubz

Nigeria

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

Grant

$30,000.00

2013

15.

Mhogo Foods

Kenya

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

Grant

$20,000.00

2017

16.

VeggieVictory

Nigeria

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

Pre-seed

Undisclosed

2013

17.

Foodex

Egypt

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

Undisclosed

Undisclosed

2013

18.

Arla Food Inc

Nigeria

Arla Food Inc an International agro-based cooperative that produces, processes and sells dairy products worldwide.

Undisclosed

Undisclosed

2000

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

$73,000,000.00

Employee

1001-5000

Zambeef Products

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

$65,000,000.00

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

$42,500,000.00

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

$17,800,000.00

Employee

11-50

Food Concepts Plc

Founded

2001

Overview

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

Last round

Funding Round

Total raised

$7,000,000.00

Employee

1001-5000

Mtanga Foods

Founded

2004

Overview

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

Last round

Venture

Total raised

$6,000,000.00

Employee

11-50

Pioneer Foods

Founded

1997

Overview

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

Last round

Post-IPO Equity

Total raised

$5,693,224.00

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

$4,000,000.00

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

$3,050,000.00

Employee

51-200

Ngare Narok Meat Industries Limited

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

$2,500,000.00

Employee

2-10

Farmcrowdy

Founded

2016

Overview

Farmcrowdy is Nigeria's 1st Digital Agriculture Platform

Last round

Seed

Total raised

$2,425,000.00

Employee

11-50

European Foods Africa Ltd

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

$2,100,000.00

Employee

Eldoville Dairies Limited

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

$1,880,037.00

Employee

1-10

Baby Grubz

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

$30,000.00

Employee

Mhogo Foods

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

$20,000.00

Employee

11-50

VeggieVictory

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

$0.00

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

$0.00

Employee

11-50

Arla Food Inc

Founded

2000

Overview

Arla Food Inc an International agro-based cooperative that produces, processes and sells dairy products worldwide.

Last round

Undisclosed

Total raised

$0.00

Employee

10,001+

Browse Food Processing industry stats

2012201220132013201620162017201720182018Year Founded13111Food Processing startup growth in Africa3.03.02.82.82.62.62.42.42.22.22.02.01.81.81.61.61.41.41.21.21.01.0# of Startups
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Jul '19Jul '1920202020Jul '20Jul '2020212021Jul '21Jul '21Food Processing Funding Activity in AfricaShowing historic funding chart$20000000$20000000$15000000$15000000$10000000$10000000$5000000$5000000$0$0
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