Locally made glass packaging will also allow Kenya to recycle its own glass waste, historically exported as scrap, supporting a more circular economy.
AquaFlex water-washable plates use a proprietary compound that delivers linear screen reproduction with near-zero dot growth, reducing bump-up needs and ensuring consistent print quality throughout the run.
The financing will allow Novatex to import essential raw materials and machinery, securing domestic plastic packaging supply while cutting import dependence and strengthening supply chains.
The acquisition adds a global glass packaging leader to a Tunisian glassmaker, creating synergies in container production for beverage, pharma, and food sectors across North Africa and Europe.
The project, the first PET tray washing line in Africa and the Middle East, marks a recycling milestone for the region and supports Egypt’s shift to a circular packaging economy.
Each glass bottle bears an engraved data matrix code that AI-powered cameras read at every production-line pass, enabling individual tracking throughout its use cycles.
The design targets e-commerce and bag-in-box applications, working across flexible packaging formats to advance circularity and strengthen supply chains.
Donald Muchiri Kariuki, Norfund’s Senior Investment Manager, said that boosting local aseptic packaging production would strengthen supply chains and support East Africa’s growing food processing industry.
The plant produces woven PP bags for storing, transporting, and exporting agricultural produce, filling a critical packaging gap that has long constrained Nigeria’s agricultural competitiveness.
The venture recovers and reuses spent refractories to boost circular mineral supply for steel, cement, and non-ferrous industries.