M a r k e t N e w s

Tanga Fresh a Tanzanian dairy processor receives a second round of funding from DOB Equity.

Posted on : Tuesday , 1st February 2022

DOB Equity, one of the leading Dutch family-backed impact investors in East Africa, has announced an additional investment in Tanga Fresh, a Tanzanian dairy processor.

DOB's additional investment is expected to assist Tanga Fresh in expanding its production in the long-life milk market. East African consumers are increasingly shifting away from fresh milk and toward long-life milk, presenting a significant opportunity for market growth.

Tanga Fresh intends to expand its overall production capacity with DOB Equity investment, providing dairy farmers in the Tanga region with access to a fair and reliable market.

According to DOB, the East African dairy market has significant growth potential. Countryside Dairy, a Kenyan dairy processor in Nyahururu, is an investor in the company.

The supply and quality of milk from farmers is one of the major issues impeding growth in the East African dairy sector. Tanga Fresh has partnered with Solidaridad, an international civil society organisation, to address this issue. Tanga Fresh expects to be able to provide services and support to 6,000 farmers as part of this partnership, with the goal of improving quality, yields, and sustainability throughout the supply chain.

Tanga Fresh manufactures a variety of products including mtindi (sour milk), yoghurt, ghee, fresh and long-life milk. Its production facilities have grown significantly in recent years, from 15,000 litres of milk per day to 80,000 litres per day in a modern, high-quality plant. DOB explained that it invested in Tanga Fresh in order to provide a reliable market and fair pricing to the region's small dairy farmers.

'Less than 7% of milk in Tanzania is processed, leaving a lot of room for growth in the market,' said Toine Huijbers, chief financial officer at DOB.

'We anticipate an increase in market demand for higher-quality processed milk.' This is likely to be driven primarily by regulation and consumer awareness of the dangers of drinking contaminated milk, and Tanga Fresh is in a good position to supply this growing demand.'

'The investment from DOB increases our working capital flows and production capabilities,' said Tanga Fresh CEO Innocent Mushi. This will be critical in bolstering Tanga Fresh's innovation and expanding its national market share.

 

Source : www.africanfarming.net
-->
Featured Companies
  • Fasa | Packaging machinery and solutions
  • /
  • PRODAL 94 SRL
  • ME GUSTA

Complete List  

Advertisers in previous issue:

  • Ideo Tecnica, a company specialized in machinery for the confectionery industry and especially chocolate
  • International Exhibition on Food Products, Processing & packaging Machineries and Allied Industries.
  • The Major Food Processing & Packaging Technology Show in Egypt & North Africa
  • Manufacturer of prepared ethnic food and frozen seafood located in Sg. Besar, the western coastline of Selangor.
  • KAP CONES , having built up an unrivalled reputation for exceptional quality, performance & service in printing industry for last over four decades, diversified into producing cone sleeves with auto rolling mechanism for ice cream cones requirement
  • Symega is a reliable producer of food ingredients and has supplied to many of the finest food processors in different parts of the world.
  • Bag Snacks registered since 1987 a constant growth, managing to position itself in Italy just below the major leaders of the sector.
  • Sunshine is one of the leading prestigious fast developing firms in the field of Import & Export Company all over the Globe.
  • The company started in 1987 and is today one of the largest privately owned companies supplying containers for a multitude of applications.
  • Ulker Group started its adventure with 75 tons of biscuit production in its first year, 64 years ago.
  • VAPA Burners established in 1960, is the pioneer in manufacturing gas fired infrared burners in Lebanon.
  • Alexform is the leading manufacturer of cold rolled steel profiles, offering both quality products and reliable service to its customers via the most advanced production facilities in Egypt.
  • Manufactures & Suppliers of all Hotel,Restaurant & Bakeries Equipment.
  • Veendeep Oiltek is one of India
  • OASIS is a subsidiary of OASIS International. The OASIS brand is the recognized worldwide leader in the design and manufacture of bottled and pressure water coolers.
  • The Gulf Union Foods Company is one of the key national companies that have a clear contribution to the food manufacturing sector, especially juices and beverages.
  • More than 30000 food and non-food references delivered anywhere in the world.
  • El-Eman company provides a new source of specialized products of the highest standard of quality.
  • Delta Food produces tomato paste and milk powder in different packaging and in different concentration.
  • Richfield Industries is a part of one of the fastest growing industrial and services conglomerate with projected turnover of Rs.1000 crore.
  • We are a prominent packaging company based at industrial heart of Ahmedabad city.
  • Hotel and restaurent
  • Kitchen Equipment
  • Postharvest international directory of suppliers. Equipments, materials & services. Fruits, vegetable & ornamentals.
  • Dairy Products

Home | About Afrotrade | Advertise With Us | Trade Events | Contact Us | Link to us | Terms |  Follow us on : Facebook
Afrotrade International Marketing, Tel: +971-50-6285684
© 1998-2026 Afrotrade