Growth Investment Partners (GIP) Zambia announced a US$5 million seven-year royalty funding investment in Boxpack Zambia, a corrugated carton maker, to buy a new production line and triple monthly output from 600 to 1,800 tonnes.

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.