Fanisi Capital Invests US$2.1 Million in European Foods Africa (Sub-Saharan Africa)

Source: Reuters | Author(s): Duncan Miriri

East Africa-focused private equity and venture capital investor Fanisi Capital has invested US$2.1 million in European Foods Africa, a Kenya-based food distribution and processing firm that sells pizzas, berries and fresh juice. The company intends to use the new investment to expand its business within Kenya.