DOB Equity, a Netherlands based impact investor has invested in Jibu Tanzania, a company that produces clean drinking water to residents in Tanzania. Jibu Tanzania is a well-established producer of water through branded and refillable bottles and complements the Tanzanian government by providing new ways of providing access to quality drinking water to households. The company uses a reverse-osmosis water filtration system and onsite treatment and filling technology allows its franchisees to sell water below the current market prices of bottled water in Tanzania. The investment will be used to expand the company’s reach to major cities such as Arusha.
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