Aavishkaar Announces Its First Investment in Sri Lanka with MA’s Foods

Indiainfoline, Apr 08,’16

Aavishkaar, one of the world’s leading impact investor, marks its first foray in Sri Lanka with an investment in Ma’s Foods. The South & South-east Asia focused Aavishkaar Frontier Fund has agreed to invest LKR 300 million in MA’s Foods, Sri Lanka’s premium food processing company. This investment will enable MA’s Foods to accelerate its new phase of growth, expand into the North of Sri Lanka and meet its strategic plan objectives. For Aavishkaar, this is the second investment from its Aavishkaar Frontier Fund (AFF), a regional fund which invests in Sri Lanka, Bangladesh, Indonesia and Pakistan.

Nestle to Expand Sri Lanka Milk Procurement Network

Economynext,  Mar 01,’16

Nestlé’s Sri Lanka unit is planning to expand its milk procurement network in the northern part of the country this year. It has said that, it paid 3.6 billion rupees in 2015 to almost 20,000 local farmers as payment for fresh milk to manufacture its products like Nespray, Milo and Milkmaid.

Tender Invited for Setting Up Mango Fruit Processing Factory in Kenya

Tender invited for supply, delivery and commissioning of mango fruit processing factory equipment’s and related accessories.

Company: Republic Of Kenya, Government Of Makueni County

Status: Tender Invited

Republic Of Kenya, Government Of Makueni County, invites bids (International Competitive Bidding) for supply, delivery and commissioning of mango fruit processing factory equipment’s and related accessories for Kalamba fruit processing factory in Kenya. The last date for bid submission is Mar 31 2016.

Contact: Makueni County, Supply Chain Management Office, Makueni County Treasury of P. o. Box 78-90300, Makueni.

Source: http://makueni.go.ke/sites/default/files/TENDER%20DOCUMENT%20-%20GMC-A-T-117-2015%20KALAMBA%20FOOD%20PROCESSING%20PLANT%20FINAL.pdf