Zambian spice and paste startup acquires investment from Empress Fund

ZAMBIA – Sage Valley, Zambia based spices and pastes processing startup has clinched a K250,000 revolving working capital facility from the Empress Fund, managed by Africa Trust Group (ATG) based in Cape Town, South Africa. Sage Valley was established in October 2019 and recently has availed its products in a number of Shoprite stores thus the funds acquired will be channelled towards increasing their production capacity and meeting increased demand for their products, reports Zambia Chamber. “Our products recently got listed in a number of Shoprite stores and this facility came at…

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