Food Startups Articles in Africa

giz-sais investment readiness programme 2022 targeting african agritech and foodtech startups

Scaling Digital Agriculture Innovations through Startups (SAIS) is a programme run by the Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH, and supported by the German Federal Ministry for Economic Cooperation and Development (BMZ). The project looks to support African startups in the agriculture and food sector which are on the verge of scaling their digital innovations. Up to 18 startups are annually selected to participate in the 9-month Investment Readiness Prog

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egypt food and beverage delivery startup closes a $10m investment round

elmenus an Egyptian food discovery and ordering startup has successfully closed a $10 million funding round in a highly successful pre-Serie C round led by Fawry Luxor Capital and Marakez (property developer). elmenus intends to channel the funds towards expanding operations and converting its user base of several millions of users to order online. By year's end, the food and beverage startup looks to empower 12000 startups across 20 Egyptian cities with new data and tool offerings that will hel

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local foodtech startup secures funding

Cape Town-based food tech startup Kombo King has secured an undisclosed amount of funding from The Vumela Fund, established by FNB Business and Edge Growth. Vuyiswa Nzimande, Principal at Edge Growth and lead dealmaker explains comments on the investment made into the foodtech startup. Consumer-centric product offerings are key to attracting customers in a highly competitive convenience food market. We view Kombo King fryers as an enabler to its clients to differentiate

article : Crowdfunding
kenyan on-demand food delivery startup kune raises $1m in pre-seed funding

The African continent has seen a rise in food-tech startups, particularly after the onset of Covid-19, as businesses scout for more innovative operational models that deliver convenience, quality, affordability, while maintaining an edge over the conventional competition. The foodtech sector has seen startups like Egypt's Mumm and Senegal's Mburu among others, attract record investments. Kenya's Kune, a new player in the block, is looking to solve the inadequacy of quality yet affordable

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united nations launches global competition for food startups and smes

The United Nations Food Systems Summit has announced the launch of an innovative competition for food startups and SMEs. The competition aims to find the best SMEs from around the world that are transforming existing food systems and achieving Sustainable Development Goals (SDGs). Dr. Agnes Kalibata, Special Envoy of the UN Secretary-General for the 2021 Food Systems Summit comments on the importance of SMEs in generating innovation and positively contributing to society. <br

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sa food tech startup launches initiative to support local restaurants

Cape Town-based food tech startup SnapMenu is offering locals the chance to win R1 000 in bitcoin for supporting local restaurants. In a statement to Ventureburn, Shai Unterslak provides insight into how the initiative works. "The campaign is simple; you visit the restaurant and scan a QR code on your table, order your food through a digital menu and you stand a chance to win up to R1 000 worth of bitcoin. The startup said that this is not only expected to drive more cu

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nigeria's first plant-based food tech startup secures funding

Lagos-based vegan food tech startup VeggieVictory has secured an undisclosed amount in a pre-seed round led by Sustainable Food Ventures , Capital V, Kale United, and Thrive Worldwide. In an official press statement, Hakeem Jimo, co-founder and CEO of VeggieVictory comments on the funding received. "We are excited to have won over these well-known investors not only for VeggieVictory but the African continent as the next frontier for the plant-based movement." <br

article : Crowdfunding
cape town food startup promotes sustainability

Oh Oat , a Cape Town-based food startup is positively contributing to the environment with the sustainable production and packaging of oat milk. Founded by entrepreneur and UCT Business Science graduate, Trent Pike and Renato Marchesini, Oh Oat officially launched in September 2020. In an interview with Ventureburn, Trent Pike, co-founder of Oh Oat explains that the conception of the food startup began two years ago and required tireless experimentation till creating th

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innovative foodtech startups in africa

The advancement of technology has spilled over and infiltrated every industry to improve and advance existing services for customers. Food technology allows businesses to improve their processing, packaging, service delivery, offering, and more. FoodTech startups combine food science and technology to enhance the service delivery of the industry but it also enhances the production of goods, quality and can result in new and innovative products. Due to Covid-19, the dema

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