Investing in African agribusiness, Warren Buffett style
Luni Libes, founder and CEO of Africa Eats, discusses investment opportunities in Africa’s agribusiness sector.
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Interview with Luni Libes
FOUNDER and CEO, AFRICA EATS
Lives in: Bainbridge Island, USA
From a meat processing venture in Rwanda to a Tanzanian fruit and vegetable business, and a Malawian supplier of animal feed and veterinary products – these are just a few of the companies in the portfolio of Africa Eats. This investment holding company is dedicated to Africa’s food and agriculture value chain, drawing inspiration from Warren Buffett’s Berkshire Hathaway. In December 2024, the firm achieved a milestone by listing on the Stock Exchange of Mauritius.
How we made it in Africa editor-in-chief, Jaco Maritz, sits down with Luni Libes, founder and CEO of Africa Eats, to talk about investment opportunities in Africa’s agribusiness sector.
Topics discussed during the interview include:
How Libes adapted elements of Berkshire Hathaway’s investment philosophy to create Africa Eats;
Backing African agribusiness companies with a compounded annual revenue growth of 52%;
Applying Africa Eats’ model to other African industries;
Libes’ experience in setting up a publicly listed holding company;
Why he chose Mauritius over other stock exchanges for the listing;
Insights into the challenges and investment missteps faced by Africa Eats; and
A closer look at standout companies in Africa Eats’ portfolio and their growth stories.
Watch the full interview below:
