The Netherlands-based investment firm Inclusive Impact Investments BV (Triple I) has established a strategic agreement with Zayith Foods Limited to expand Zayith’s yogurt distribution and processing capabilities throughout Nigeria.
According to a statement, Triple I is committed to assisting small and medium-sized businesses in Sub-Saharan Africa and Southeast Asia, with a special emphasis on enabling women and young people to escape poverty.
Director of Triple I, Bram Boogaerdt Hooft, said the company is dedicated to helping business owners reach their maximum potential and make a positive societal contribution.
He states that the investment firm will offer customized, adaptable, and affordable financial products together with a thorough comprehension of regional circumstances and ongoing interaction with portfolio companies.
Hooft emphasized Triple I’s unwavering faith in Nigerian business owners and the company’s dedication to lending money to companies that frequently face difficulties obtaining capital. “These investments are essential means of reaching the underprivileged and promoting economic inclusivity.”
The company’s creator, Chidimma Uzoma, said that Zayith Foods Limited is a dairy processing business that started up in 2018. She claims that the company sells Greek and yogurt goods under the “Zayith” brand.
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She continued by saying that Zayith would be able to expand its activities throughout Nigeria thanks to Triple I’s investment in the company. “With this investment, we are able to offer high-quality, reasonably priced dairy products that are nutrient-dense. We believe Triple I is the ideal partner for us as we work to provide nutritious food items throughout Nigeria.
She went on to say how happy she was about the investment, adding that it will help Zayith grow throughout Nigeria and provide the country with reasonably priced, excellent dairy products.
“This partnership is expected to foster economic growth, create employment opportunities, and enhance access to high-quality food products for consumers across the country,” Uzoma said.
