Tanzanian billionaire Stated Bakhresa is placing $500 million into increasing his flagship soft-drink manufacturing facility, doubling capability as he targets fast-growing beverage demand throughout East and Central Africa.
In accordance with a information report by The Citizen, The plant in Mwandege, about 50 kilometers south of Dar es Salaam, will increase each day manufacturing to 300,000 cartons from 150,000 as soon as the mission wraps up in 2026. The growth covers 17 hectares and consists of new juice traces, comparable to the youngsters’s model Tamtam, in pineapple, orange and mixed-fruit flavors.
“We’ve a transparent coverage of utilizing native uncooked supplies,” Hussein Sufian, the Bakhresa Group’s public-relations chief, mentioned in an interview with The Citizen. The corporate sources from practically 100,000 farmers by cooperatives, providing steerage on crop high quality and varieties to satisfy processing requirements.
The group has already put in tools that lifted output to 250,000–300,000 cartons a day, up from 150,000–200,000.
Bakhresa, whose pursuits span meals, logistics, hospitality, marine providers and media, is ranked amongst Tanzania’s wealthiest entrepreneurs alongside Mohammed Dewji and Rostam Aziz. His web value exceeds $1-billion in response to Billionaires.Africa‘s estimates.
The funding follows different main bets. In 2022, the group commissioned a $300 million sugar plant beneath Bagamoyo Sugar Ltd., aiming to greater than triple annual output to 100,000 tonnes. Final December, it introduced an 8.4-million-dollar improve to double fruit-juice manufacturing at Mwandege to 100,000 tonnes a yr.
