Injaro Investments has invested in Novafrique Industries, a company that manufactures household soap from its Cote d’ Ivoire operations. Novafrique produces soap bars using its crude palm oil and palm kernel oil production facility. The investment will be used to improve efficiencies in the 30,000 tons installed capacity utilization which is expected to maximize profitability. Injaro is an investment adviser primarily focused on opportunities in West Africa and aims to partner with management teams that embody a strong entrepreneurial spirit to grow SMEs into profitable sustainable businesses.
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