How many funding rounds did Food and Beverage startups in Africa raise in 2016?

StartupList Africa tracks 2 rounds in this view as of 29 Oct 2026, listed newest first.

How often is funding data updated?

Our funding database is updated daily. We track disclosed rounds from press releases, regulatory filings, investor announcements, and verified startup submissions.

What funding stages are tracked?

We track all stages including Pre-Seed, Seed, Series A through Series E+, as well as alternative capital types like angel investments, grants, debt financing, and convertible notes.

How is the funding amount determined?

Amounts shown are the disclosed USD equivalent at the time of announcement. Where the round was denominated in local currency, we convert using the exchange rate on the announcement date.

FundingsUpdated daily

Food and Beverage startup funding in Africa, 2016

Name: Food and Beverage startup funding in Africa, 2016 — SLA Funding Index
Creator: StartupList Africa
License: https://www.startuplist.africa/attribution-policy

2 rounds in this view, newest first.

Updated 29 Oct 20266,959 rounds trackedSource: SLA Funding IndexHow we count →Submit a round →

Year · 2016

Size · $50M+

2 rounds · 2016 · Food and Beverage · $50M+

Food and Beverage startup funding in Africa, 20162 · newest first

All 6,959 rounds →

#	Startup	Round	HQ	Investors	Amount	Date
1	PromasidorConsumer Goods · BryanstonSecondary Market · South Africa	Secondary Market	South Africa	Ajinomoto	$532M08 Nov	08 Nov
2	BeloxxiConsumer Goods · AgbaraPrivate Equity · Nigeria	Private Equity	Nigeria	8 Miles, African Capital Alliance +1	$80M14 Aug	14 Aug

SLA Funding Index · as of 29 Oct 2026

Questions about Food and Beverage startup funding in Africa, 2016

How many funding rounds did Food and Beverage startups in Africa raise in 2016?: StartupList Africa tracks 2 rounds in this view as of 29 Oct 2026, listed newest first.
How often is funding data updated?: Our funding database is updated daily. We track disclosed rounds from press releases, regulatory filings, investor announcements, and verified startup submissions.
What funding stages are tracked?: We track all stages including Pre-Seed, Seed, Series A through Series E+, as well as alternative capital types like angel investments, grants, debt financing, and convertible notes.
How is the funding amount determined?: Amounts shown are the disclosed USD equivalent at the time of announcement. Where the round was denominated in local currency, we convert using the exchange rate on the announcement date.

Cite this page

StartupList Africa, “Food and Beverage startup funding in Africa, 2016”, updated 29 Oct 2026.

startuplist.africa/fundings/food-and-beverage/2016