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Growth Investment Partners Zambia made its first major investment, a USD 5 million seven-year royalty funding to Boxpack Zambia Limited in Lusaka. The funding will let the family-owned carton maker acquire a new production line and raise monthly output from 600 to 1,800 tonnes.
“This inaugural investment is a USD 5 million, seven-year royalty funding which will enable Boxpack, a family-owned manufacturer of corrugated carton boxes and paper-based packaging materials, to acquire a new production line and triple its monthly output from 600 to 1,800 tonnes.”gipzambia.com
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