1D1F: Gov’t to assist Kasapreko for $20m Eximbank loan

Government under its flagship programme, One-district One-factory, is assisting Kasapreko Company Limited to access a $20 million Eximbank loan.

The loan is to enable the indigenous  Ghanaian company to build a subsidiary state-of-the-art factory for the northern sector of the country and for export.

The construction of the multipurpose factory, which begins almost immediately after the loan is secured and expected to be completed by June this year, is to create about 3,000 direct and indirect jobs for the youth in Tanoso in the Atwima Nwabiagya District of the Ashanti Region.

Production

Per the timetable, installation of equipment and production begins in August this year.

The National Coordinator for 1D1F, Gifty Ohene-Konadu, led a team of technical experts from the Ministry of Trade and Industry to tour the 10,000-metre square layout and to look at the prototype drawings and make suggestions.

The factory which is to complement an already existing structure at the Tanoso site is expected to produce about  85,000 bottles of all brands including the famous Awake Purified Bottle Water, Royal Drinks, 10/10 drinks, Superstar and Fancy Drink a day.

Mrs Ohene-Konadu said  Kasapreko was getting the support because its proposal was consistent with government’s intention to support local industries and create jobs.

She commended Kasapreko for a comprehensive proposal to partner governments to create jobs and alleviate poverty.

CEO

The Chief Executive Officer for Kasapreko, Richard Adjei, said the location of the subsidiary factory was strategic for it to ease the pressure on the main factory in Accra from serving people in the Ashanti region and beyond.

He said Kasapreko has over the years invested over $80 million in the expansion and upgrade of the factory in Accra.

Group Chairman

The Group Chairman, Dr Kwabena Adjei, said the company was a Ghanian-owned company with 30 years in operations and currently the only total beverage company with ISO certificate in Ghana.

He said with requisite support, Kasapreko could make Ghana one of it’s trusted brands in the foreign market.

Kasapreko established some 30 years ago at Nungua, a suburb in Accra is the largest producer of carbonated soft drinks and alcohol in the country and has the widest product range to satisfy all consumer taste and preference.

credit: myjoyonline.com

Publish on Apt

Do you have any Social, informational, educational or entertaining stuff that should be featured on www.aptnewsghana.com?

Please submit your stories, pictures, and videos to us via WhatsApp: +233548388489 or click on the icon on your screen. Alternatively, email us: aptnewsghana@gmail.com

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • Coronavirus - South Africa: COVID-19 Update (20th September 2020) September 20, 2020
    Download logoAs of today, the total number of confirmed #COVID19 cases is 661 211, the total number of deaths is 15 953 and the total number of recoveries is 590 071.  Distributed by APO Group on behalf of Republic of South Africa, Department of Health.
  • Coronavirus - Kenya: COVID-19 Updates Summary (20 September 2020) September 20, 2020
    New cases: 152 Confirmed cases: 36,981 New recoveries: 110 Total recoveries: 23,887 New deaths: 2 Total deaths: 648Distributed by APO Group on behalf of Ministry of Health, Kenya.Media filesDownload logo
  • Coronavirus - Zimbabwe: COVID-19 Update (20 September 2020) September 20, 2020
    As at 20 September 2020, Zimbabwe had 7 683 confirmed cases, including 5 924 recoveries and 225 deaths.Distributed by APO Group on behalf of Ministry of Health and Child Care, Zimbabwe.Media filesDownload logo
  • Coronavirus - Eswatini: COVID-19 Update ( 20th September 2020) September 20, 2020
    Download logoMinister of Health Lizzie Nkosi's COVID19 update on 20 September 2020: New cases: 24 Total cases: 5269 New recoveries: 53 Total recoveries: 4624  Distributed by APO Group on behalf of Government of Eswatini.
  • Coronavirus - Nigeria: The COVID-19 Nigeria situation report for 19th September, 2020 September 20, 2020
    The COVID-19 Nigeria situation report for 19th September, 2020 has been published. Our daily COVID19 situation reports provide a summary of the epidemiological situation & response activities in Nigeria. Download via: https://bit.ly/2RJWYkIDistributed by APO Group on behalf of Nigeria Centre for Disease Control (NCDC).Media filesDownload logo
  • Coronavirus - Kenya: COVID-19 Update (20/09/2020) September 20, 2020
    Today we confirm 152 people have tested positive of coronavirus from a sample size of 2224 bringing our total tally of confirmed cases to 36981.Distributed by APO Group on behalf of Ministry of Health, Kenya.Media filesDownload logo
  • Coronavirus - Uganda: The break down of cases in Uganda (19 September 2020) September 20, 2020
    Download logoThe breakdown of the 270 new cases are: Contacts and alerts (240): Kampala (59), Gulu (56), Oyam (22), Mbale (17), Wakiso (15), Moroto (10), Amudat (8), Bududa (4), Busia (4), Hoima (5), Kitgum (5), Sironko (5), Budaka (2), Iganga (2), Lamwo (3), Luwero (2), Mbarara (2)Distributed by APO Group on behalf of Ministry of […]
  • Coronavirus - Uganda: Daily Case Update as of 20th September 2020 September 20, 2020
    Results from COVID-19 tests done on 19 September 2020 270 new COVID-19 cases confirmed. The cumulative total confirmed cases of Ugandans are now 6,287.Distributed by APO Group on behalf of Ministry of Health - Republic of Uganda.Media filesDownload logo
  • U.S. Ambassador Visits Esna and Luxor to Highlight U.S.-Egypt Partnership September 20, 2020
    Download logoU.S. Ambassador Jonathan R. Cohen visited Luxor and Esna on Saturday, September 19 to reaffirm the strong U.S.-Egypt partnership in wastewater management, agribusiness strengthening, and cultural heritage preservation with Minister of International Cooperation Dr. Rania Al-Mashat, and Secretary General of Luxor Governorate General Emad Abou El Azayem.     In Luxor, Ambassador Cohen joined Minister Al Mashat, Secretary General of Luxor […]
  • Coronavirus - UNICEF Benin COVID-19 Situation Report No. 21: 4-18 September 2020 September 20, 2020
    Situation overview Since March 2020, a total of 2,280 COVID-19 confirmed cases were identified in Benin out of 132,787 tests conducted. The situation seems to stabilize, with 38 new cases identified in the last two weeks. Download report: https://bit.ly/33D6FH6 No death related to COVID-19 were recorded in the reporting period. Fatality rate remains at 1.8% whilst […]
About Editor 600 Articles
Joe Bright Nyarko Journalist/Communication Researcher. Environment & Sustainability Advocate. Managing Editor of aptnewsghana.com, a non-profit news portal with bias towards environment and sustainability issues, rural development policies and gender & inequality.