KAS Africa secures $10m investment for growth

Personal care products manufacturer KAS Africa has secured a $10-million investment from Mauritian investment company TRT Investments for the acquisition of a new plant and equipment to build capacity and capability. TRT has acquired a 49% stake in KAS Africa, which also now has access to working capital facilities put in place by TRT Investments with support from the African Export-Import Bank.

from Engineering News | Home https://ift.tt/3sixz1g