Africa Eats invests in and supports early-stage, fast-growing food and agriculture companies that are solving critical supply chain inefficiencies, reducing post-harvest losses, and improving the livelihoods of smallholder farmers. Through its long-term, equity-holding model, the company has helped businesses grow 50%+ annually, transforming subsistence farmers into sustainable entrepreneurs while delivering strong returns for investors.
Luni shares his philosophy on impact-driven capitalism, why traditional venture capital isn’t the right model for African SMEs, and how SEMX is pioneering a new segment on the Stock Exchange of Mauritius to connect fast growing African enterprises with global investors. His mission is clear: build a thriving ecosystem where African agribusinesses don’t just survive but scale, creating lasting economic transformation across the continent.
What We Discuss With Luni
• Lessons from founding multiple businesses and investment ventures that have shaped the approach to building and growing Africa Eats.
• How Africa Eats’ long-term equity investment model differs from traditional VC funding and the reasons behind this approach.
• The benefits of Africa Eats’ "Forever" equity model for both investors and entrepreneurs compared to traditional venture capital.
• The key factors driving the impressive growth of Africa Eats’ portfolio companies, scaling from tens of thousands to millions in revenue.
• How the SEMX initiative is bridging the capital gap for African SMEs by leveraging access to public markets.
Did you miss my previous episode where I discuss Incubation and Innovation: Shaping Gambia’s Business Landscape by Nurturing Young Innovators? (https://www.buzzsprout.com/1901592/episodes/16504178) Make sure to check it out!
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Connect with Terser:
LinkedIn - Terser Adamu (https://www.linkedin.com/in/terseradamu/)
Instagram - unlockingafrica (https://www.instagram.com/unlockingafrica/)
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Connect with Luni:
LinkedIn - 'Luni' Libes (https://www.linkedin.com/in/lunarmobiscuit/)
Twitter (X) - @lunarmobiscuit (https://x.com/lunarmobiscuit)
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