It’s evident that there’s a significant potential for investment in bringing African cuisine to the global market. This trend follows the success of other cultural foods, such as Turkish, Chinese, and Indian cuisines, which have become immensely popular worldwide and generated multi-billion-dollar exports that continue to grow.
In fact, the ethnic food market is expected to expand from $49.27 billion in 2021 to $98.06 billion in 2028, with a Compound Annual Growth Rate (CAGR) of 10.33% during the forecast period of 2021-2028.
The Fatherland’s African Food Accelerator Program is a thrilling initiative that aims to support African food start-ups. It has been designed to provide African chefs with the tools they need to make a significant impact in the global food industry.
This unique Fatherland program, which is part of the Fatherland Economic and Community Development Sector, will focus on mentoring and investing (via the FairShares Network), in innovative Africa food start-up with aim of promoting African food on a global scale.
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