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Growth Investment Partners Zambia invested USD 5 million in Boxpack Zambia Limited to install a new production line, tripling monthly output from 600 to 1,800 tonnes. The financing is structured as royalty funding with a 12-month principal moratorium.
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.
