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Private equity firm Spear Capital has announced an investment in Zimbabwean food producer Efoods.
Spear said in a statement: "We’re proud to introduce the newest addition to our portfolio, Zimbabwean food producer Efoods. Efoods produces a range of sauces, sachets and honey under the Mr Sauce, MiriPiri and Natural Forest brands.
“As a manufacturer of 100% locally-sourced and locally-made food products, Efoods’ dedication to providing affordable homegrown goods that support local businesses aligns closely with Spear’s own goal of bolstering Zimbabwean businesses. We look forward to our new partnership with Efoods Zimbabwe."
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