East Africa Fruits raises US$2.05m in series A funding round led by Dutch investor

TANZANIA – East Africa Fruits, a Tanzanian company addressing food distribution challenges by improving efficiencies in the farm-to-market sector, has raised US$2.05m in Series A equity funding round. The company supports smallholder farmers on crop planning in alignment with marketplaces, upgrading farm-side infrastructure and transitioning to sustainable practices. East Africa Fruits also aggregates demand and delivers a wide range of fresh and exotic produce directly from farms to stores of B2B customers. The fundraising round was led by Goodwell, a Dutch impact investment firm, with participation from FINCA Ventures, an investing platform…

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