International private equity firm Spear Capital has announced its investment in Arkay Plastics Zambia Ltd and Arkay Mozambique Lda, collectively known as Arkay Plastics. The deal will equip Arkay Plastics with the means of becoming a leading player with market dominance in the manufacturing sector. This latest transaction by Spear Capital demonstrates growing confidence in developing FMCG companies in southern Africa, despite the persistence of the Covid-19-related global economic downturn.