Investor bullish about snack food in Uganda
Pearl Capital Partners, a private equity firm operating in Uganda, recently invested in snack food manufacturer Newman Foods via its Yield Uganda Investment Fund. This is the fund’s 14th investment in the Ugandan agribusiness and food sector. Jeanette Clark speaks to Wanjohi Ndagu, co-managing partner at Pearl Capital Partners, about the motivation for the investment, the potential he sees in the snacks industry and opportunities to export food products to the wider East African region.