Incorporated in 1979, Glacier Products Ltd is an ice-cream and chocolate producer renowned for its Dairyland brand. It is the sole chocolate producer in East Africa. Based in Nairobi, Glacier has experienced strong growth over the years and is a common household name in Kenya, Tanzania, Uganda, South Sudan, Ethiopia and Rwanda.
Founded in 2011, Sanergy operates in Kenya’s waste management sector, transforming the way cities, including Nairobi, handle their waste. Sanergy has the capacity to safely collect and treat 12,000 tons of organic waste – sanitation, municipal, and agricultural – a year and convert it into valuable products such as insect-based proteins derived from black soldier flies for animal feed, organic fertiliser to restore soil quality and structure, and biomass fuel briquettes.
Private equity investor Phatisa has acquired a significant minority stake in MHL International Holdings Limited (MHL) which is a subsidiary of The Manipal Group – an India-based conglomerate with interests in the printing, packaging and technology sectors. MHL delivers packaging solutions to businesses with a special focus on pharmaceutical, food and beverage, personal care products, FMCG, oil, chemicals, flowers etc.
The global EV market is rapidly growing – 80% sales in all vehicle segments are expected to be electric by 2050. This is driven by favourable EV regulations, improving economics and technology readiness. Additionally, many manufacturers will be reducing manufacturing of Internal Combustion Engine (ICE) vehicles and increasingly shifting towards EV.
The Ministry of Environment and Forestry (MoEF) has been in the process of developing Kenya’s first Extended Producer Responsibility (EPR) regulation. Such regulations have been developed and implemented across the world from as far back as 15 years ago. EPRs are based on the polluter pays principle with each producer having to pay a fixed amount per weight of product released into the market to cover the costs of collecting and recycling that product.
From March to June 2020, Manufacturing Africa provided a team of analysts to support the BSR by providing structure and systems, conducting deep stakeholder consultations, drawing on global COVID-19 response expertise and conducting detailed analysis to support and accelerate fact-based decision-making at Cabinet level.
The Government of Kenya’s list of priorities for the country’s recovery after COVID-19 included identifying opportunities in priority manufacturing sub-sectors to build regional and global manufacturing competitiveness, improving the business environment and investment climate, strengthening the Investment Promotion Agency (IPA) and other MoITED institutions, accelerating the development of industrial parks, and driving a green recovery agenda to create a more sustainable economy.
The manufacturer is looking for support to structure the project and raise an initial round of USD 87 million (out of USD 500 million of FDI through subsequent rounds) to support the development of the FMCG entity that will drive its Pan-African growth agenda.
Opibus is a company that develops and produces electric mobility solutions for emerging markets in Africa.
Opibus solicited MA support on the following:
