Foodpreneurs Hub secures $500,000 pre-seed to tackle food insecurity in Africa

The news:  Foodpreneurs Hub, a Nigerian-founded foodtech platform, has announced raising $500,000 in pre-seed funding to advance its mission of combating food insecurity across Africa. The company didn’t name the investors in the round.  The funds will allow Foodpreneurs Hub to accelerate its work of bridging the gap between food production and post-harvest food loss, which accounts for over 40% of waste in Africa.   Founded by Olushola Oladejo (CEO) and Yosola Oke (COO), the startup empowers African food entrepreneurs by providing training, mentorship, and access to strategic partnerships.  The organisation’s commitment to enhancing food sustainability by supporting entrepreneurs in food processing directly addresses this issue, offering solutions to reduce food loss and improve food security. “Our mission is to democratise food processing,” said Oke in a recent interview. “We are building a community that empowers aspiring entrepreneurs to innovate, create jobs, and contribute to food security across the continent.” Per the company, Foodpreneurs Hub is designed as a comprehensive resource for African food innovators, offering coaching on product development, business planning, and market research.  Advertisement Through initiatives like the “FoodStars Business Scale-Up,” a six-week programme providing mentorship and access to capital, entrepreneurs in the food industry can pitch their ventures...