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Egyptian Food & Beverage Company, Edita Foods, bags $5.7 mn

Edita Foods Industries, an Egyptian Food & Beverage Company, secured 5.7 mn in debt financing from the National Bank of Kuwait (NBK). The loan will be used to finance new product development and the production of quality products.

Read also: Delivery Startup,Kwik Delivery, Raises $1.7m Funding

Menna Shams El Din, Director of Investor Relations at Edita Food Industries, said that the loan will be used to finance the development of new production lines. It will also go towards financing the necessary maintenance to ensure the efficiency and production of quality products.


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The company expects to reap the fruits of the investments in 2022 by gaining a larger market share specifically in the bakery and wafer segments.

Read also: Nigeria’s communications platform-as-a-service startup,Termii, raises $1.4mn in a seed round

What You should Know About Edita

Established in 1996, Edita Foods produces and distributes a variety of branded and packaged snack products including cakes, croissants, rusks (baked wheat), wafers, and other confectionery products.

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Nichole Manhire

Is the media and brand manager at GFA News. She works very closely with editors and podcasters that contribute to telling the African business success story. For marketing and advertising send Nichole an email: nichole@getfundedafrica.com

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