Series B · Agritech
East Africa Foods closes $26m Series B led by InfraCo
The equity round completes a broader financing package of approximately $40m.
East Africa Foods raised $26 million in Series B equity, led by PIDG’s InfraCo, the investor announced on 7 October 2026. Oikocredit and FMO participated, while ARAF, Goodwell, Africa Eats and FINCA reinvested.
The equity round completes a broader financing package of approximately $40 million, which also includes debt from the Schmidt Family Foundation.
The Tanzanian food distribution company will expand processing, storage, logistics and its digital platform, and enter Kenya.
Use of funds
Expand processing, storage, logistics and digital infrastructure
Enter Kenya
Funding history
Series B · This round$26M