eha Impact Ventures and MotherFood Invest $75,000 in Amayi Foods to Enhance Nutritional Impact in Nigeria – EHA Ventures
Summary
eha Impact Ventures (EIV), a leading impact investment venture, in collaboration with MotherFood, a gender lens social enterprise, announces a joint investment in Amayi Foods, a Nigerian-based food processing company.This investment offers $75,000 through a Simple Agreement for Future Equity (SAFE), designed to increase job creation, particularly for low-income women, train small-scale farmers, and combat food insecurity by increasing the production of nutritious food.Beyond financial support, this collaboration will assist Amayi Foods in exploring ways to fortify its product line with essential nutrients. This initiative aims to significantly improve the health of women and children, address critical nutritional deficiencies, and promote overall well-being in the community.We are excited to support Amayi Foods in their journey to enhance food quality and nutrition in Nigeria, said Evelyn Castle, Co-Founder and CEO at eha Impact Ventures. Our partnership with MotherFood underscores our commitment to leveraging expertise and resources to drive sustainable development and improve health outcomes for mothers and children.MotherFood shares this enthusiasm. Chris Emergui, Global Partnerships at MotherFood, stated, This collaboration with EIV and Amayi Foods aligns perfectly with our mission to support female entrepreneurs to prevent maternal and child malnutrition for vulnerable populations. By enhancing cooking efficiency, Amayi supports families, notably women entrepreneurs, to nourish their loved ones while fuelling broader economic progress.