The venturing of South African alcoholic beverage giant Distell into cider production has changed the narrative and today cider is among the fastest growing beverages in Africa with sales of brands like Savannah, Hunters, and Bernini today make up 37% of Distell’s revenues.
The snack market is under pressure to shed its association with guilty consumption through the introduction of healthier ingredients and manufacturers are innovating to deliver the next generation of nutritious and authentic snackable moments.
From its location in rural Ghana, fairafric creates some of the finest organic chocolates in the world. Its 10,000 an hour factory churns out chocolate bars that are enjoyed not only in Ghana but also in Germany, France, Austria, Belgium, and even Switzerland.
The realization that more than 50% of Kenya’s local fresh produce do not reach the market due to post-harvest handling led Jonathan and Ofelia to co-partner in the founding of Burton and Bamber, a food processing company in Kenya that creates dried fruit treats for markets as far as the Philippines.
Starting a manufacturing business, especially one in the food sector, can be intimidating because of the associated costs. This however doesn’t have to be the case. With the right financial solutions, manufacturers can acquire new equipment, modernize their operations, or retool their factory while preserving liquidity to run daily operations.