Boifiok, a fast-rising player in Africa’s agri-tech and e-commerce space, has announced bold plans to revolutionize the continent’s food supply chain by leveraging digital group buying solutions. The company aims to make food more affordable for millions of urban households while accelerating growth for local vendors.
Speaking at a recent industry event, a spokesperson for Boifiok emphasized the urgent need to address food affordability across sub-Saharan Africa, where rapid urbanization has intensified economic pressure on households.
“We are improving food affordability through group buying,” the spokesperson stated. “In sub-Saharan Africa alone, rapid urbanization has presented both opportunities and challenges. Macroeconomic instability and the absence of a digital group-buying platform have led to inconsistent food prices, straining family budgets.”
Boifiok’s digital model aims to connect urban households directly with affordable groceries while empowering vendors through streamlined access to buyers and markets. By digitalizing the food supply chain, the company is positioning itself to become a key player in the future of commerce on the continent.
The company projects that by 2029, it will hold a $14 billion share of the African market. Highlighting Africa’s growing appeal to global investors, Boifiok’s spokesperson declared: “Africa is now the final bus stop for global investors to make successful investments. The timing is perfect for us to disrupt this industry.”
As Boifiok opens its doors to partners and stakeholders, the company is calling on investors and innovators to join in unlocking what it describes as “limitless growth possibilities” for more than 90 million urban households and vendors across Africa.
With its ambitious roadmap and tech-driven model, Boifiok is poised to transform the way Africans buy and sell food—making essential goods more accessible, and commerce more inclusive.
