CategoryAfrica

Stories from Africa Eats

There are so many incredible stories to share at Africa Eats, the investment holding company spun out of Fledge in 2020. Here is a sampling of the type of solutions we’ve invested in. Homegrown, for-profit solutions with measurable impacts lessening hunger and poverty across Africa.

For more stories, listen to The Opportunity is Africa, a podcast brought to you by Africa Eats

76 Companies at The Land Accelerator Africa

With the pandemic all of the Fledge accelerator programs moved online. To take advance of that format, The Land Accelerator Africa invited nearly 100 companies to participate this year, rather than just 12-15 as in years past. Specifically, we invited 100 companies out of the 1,387 who applied to participate in a 12 week virtual accelerator, each receiving a $5,000 non-dilutive grant if only they...

Irreplacable

Some entrepreneurs stand out, clearly destined to turn their vision in reality. Some entrepreneurs succeed despite the myriad of unjust hurdles of world puts in front of them. Hurdles like being born a women. A black woman. In Africa. In one of the many countries no one outside that country cares about. Start off any entrepreneur in those circumstances and 99 out of 100 will end up no better off...

Obamastove in Kenya

Yusuf is in Kenya, learning how the cookstove market works in the neighboring country.

A great example of how doing good and doing well can be both fun and rewarding.

More protein for Rwanda

Rwanda has one of the fast growing economies of the world and as more and more Rwandans leave poverty and enter the middle class, their demand for protein, especially meat, growth even faster. The same demand was seen over a century ago when Europe grew itself out of poverty and replicated again in Asia over the last few decades. This is the trend that led Herve Tuyishime to start Paniel Meat...

$1 million of funding for Ensibuuko

“Access to financial services is a fundamental human right“, said the founders of Ensibuuko six years ago on the Fledge Demo Day stage. The company has been helping Saving and Credit Co-ops (SACCOS) modernize their operations and helping the farmers who use those institutions for savings and loans get access to modern, mobile-enabled financial services. Thanks to FCA Investments...

The Land Accelerator Africa 2021

The Land Accelerator Africa was the original of what is now three Land Accelerators operating around the world, all operated by World Resources Institute (a.k.a. WRI), all focused on restorative agriculture. Given the pandemic this session is different than others. Historically we’ve invited 10-15 companies to participate. For this session we’ve invited the top 100 applicants. 100 out...

The Transformative 25

As foundations and mission-aligned investors swiftly shift their investments into ESG funds and direct investments in values-aligned companies and entrepreneurs, they overlook many visionary funds and fund managers who are forging the future that we need. These funds are myth-busters and courageous innovations. More than rethinking our financial system, they are creating viable alternatives to...

The story of Africa Eats

Africa Eats is based in Africa, not Asia, but David Kim wanted to hear the story and share it with his global audience.

Luni’s backstory starts the episode, Why Africa at 29:00, Africa Eats at 38:30

Listen as a podcast: Apple • Google • Amazon

More details about Fledge’s first spin-off investment company at AfricaEats.com.

East Africa Fruits raises $2.05 million Series A

East Africa Fruits closed a $2.05 million round of capital led by Goodwell Investments with participation from FINCA Ventures and elea. Fledge is especially proud of this company, as it was our very first native-African fledgling. When we first invited the company to participate, it was less than 18 month old, it had earned only $100,000 in revenues in its first year, and had big...

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