Monday
November 9
2026

Uganda’s Newman Foods Secures US$3 Million Loan to Expand Processing Capacity

Newman Foods Limited, a Ugandan agro-processing company, has secured a UGX12.3 billion (US$2.93M) mezzanine loan from AgDevCo Ventures to expand its food processing capacity, diversify its product portfolio and increase purchases from smallholder farmers.

Photo courtesy of Alliance of Bioversity International and CIAT.

Source: Milling Middle East & Africa (link opens in a new window)

Categories
Agriculture, Finance
Tags
business development, lending, MSMEs, smallholder farmers, supply chains