Fanisi Capital Ltd has announced a Sh220 million ($2.5m) investment in Ngare Narok Meat Industries Ltd. The funds will be used to finance the Rumuruti-based meat processor’s expansion into value-added products and utilisation of abattoir by-products.
Ngare Narok’s Chairman Ndiritu Muriithi said the investment would generate about 75 direct jobs in Rumuruti and another 150 along the livestock value-chain in Laikipia and Samburu.