Season 301 Episode 10200
S2 E3 - Africa Eats: Ending Hunger and Poverty in Africa Through Profitable Ventures
How Luni Libes's Innovative Approach is Transforming Agriculture and Empowering Farmers Across Africa http://s4g.biz/08aug24 Tl;dr: Introduction of Luni Libes and Africa Eats: Luni Libes is an investor and recurring guest on the show, currently involved in a crowdfunding campaign on WeFunder for Africa Eats, a company he founded to combat hunger and poverty in Africa. Mission and Approach of Africa Eats: Africa Eats operates as a for-profit investment company, supporting over 20 companies in Africa's food and agriculture supply chain. By purchasing from small farmers and reducing food loss, they increase farmer incomes and save costs on food imports. Success and Impact: Since its inception, Africa Eats has significantly grown its portfolio companies, demonstrating substantial increases in revenue and farmer support. For example, Peniel Meat Processing in Rwanda grew from $30,000 to over a million dollars in revenue, becoming a major chicken processor. Funding Strategy: Africa Eats combines traditional funding from accredited investors with crowdfunding campaigns to democratize investment opportunities. The goal is to eventually make Africa Eats a public company, allowing widespread participation in its growth and impact. Luni Libes’ Superpower and Vision: Luni's "if only" superpower involves identifying unmet needs and making them a reality. He emphasizes the importance of networking, having built a network of over 21,000 contacts to support his ventures. His next goal is to establish market makers in Africa to enhance liquidity and capital market functionality. http://superpowers4good.com
