*Data updated daily at 18:00 EAT
BioBuu, an East African insect company has raised USD 200 K in seed funding from the GIIG Africa Fund aimed at hiring additional talent, expand the product range, and increase production and export capabilities in Tanzania and Kenya.
BioBuu is a sustainable animal feed company and social enterprise that recycles organic refuse into animal feed and fertilizer, reducing the amount of food waste that ends up in landfill while improving the quality of agriculture in Africa. The startup uses black soldier flies to process and recycle organic waste from restaurants and households into high-protein chicken and fish feed, and organic compost. The company sells its products to farmers, who use them to improve crop yields and replace more expensive animal feeds.