Media

Norfund and a consortium of private investors managed by 54 Capital announce $21 million growth capital investment into Ethiopia’s largest FMCG platform SAMANU. Increased local production of edible oil will create jobs, increase food security, and provide income for up to 200,000 smallholder farmers. SAMANU is a platform company with…

Et regjeringsoppnevnt utvalg vil at norske myndigheter skal mobilisere private investorer for å nå FNs bærekraftsmål. Vi har snakket med en som forvalter norske utenlandsinvesteringer i et land der brorparten av befolkningen jobber i landbruket. – Etiopia har 37 millioner hektar dyrkbar mark, hvor man kan få nesten hva som…

54 Capital FMCG Group of companies, manufacturer of Tena Edible Oils, 555 and Aura Soap & Detergents, and Chef Luca wheat products change its corporate brand to SAMANU. “SAMANU’s logo inspiration is taken from the source of life of the Abay River and mirrors our corporate root in Ethiopia and…

SAMANU, the owner of the Tena brand of sunflower and soya bean oils in Ethiopia, is working towards vertically integrating its manufacturing activities. The company, majority owned by investors managed by private equity firm 54 Capital, recently secured a $21 million growth capital injection from Norwegian development finance institution Norfund and other private backers. The…