Investments & Funding

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.

Careful sorting supplies artisan cooperatives with raw materials for upcycling, while polymers unsuitable for artisans go to licensed recyclers for industrial processing.

The venture recovers and reuses spent refractories to boost circular mineral supply for steel, cement, and non-ferrous industries.

The site’s WPP bags feature mite-preventive laser venting (letting air out while blocking mites) and precision hot-air sealing that adapts to various bag sizes for durability and product safety.

The partnership merges AeroFlexx’s packaging and manufacturing capabilities across North America, Europe, and Southeast Asia with PLAFILM’s 25+ years of regional brand experience.

The acquisition fits Antalis’s strategy to grow in customised packaging—a segment it sees as a key growth driver for its European business.

By combining Imdaad’s FM and environmental expertise with Clean City’s local strengths, municipal services, hazardous/e-waste treatment, and sorting equipment, the JV creates a platform for sustainable solid waste management.

Allotment is expected to be finalised on August 10, with listing on BSE and NSE scheduled for August 12.

The US$10.8 million increase in G&A expenses was primarily attributable to $3.1 million in non-cash share-based compensation.

FAAN’s recycling programme, part of its ACI-accredited Carbon Management Plan, represents a major move toward net-zero carbon emissions.