Ghana’s President Akufo-Addo commissions new beverage factory under 1D1F initiative

GHANA – President Nana Addo Dankwa Akufo-Addo of Ghana has commissioned the Kasapreko Water, Juice and Soft Drinks Factory, a company operating under government’s 1-District-1-Factory initiative. At a ceremony at the premises of the company at Kwadaso, in the Ashanti Region, President Akufo-Addo noted that the establishment of the factory is a concrete manifestation that the new paradigm of economic development of insisting on value-addition industrial activities within a conducive and business-friendly environment, can make headway. “I am particularly pleased that a successful and innovative company like Kasapreko is finding…

Read More

Ghana grants Kasapreko US$28m tax waiver to support revival of defunct distillery

GHANA – The Parliament of Ghana has granted a US$28 million tax waiver to Kasapreko company to enable it restart production activities at the defunct Paramount Distilleries limited. A report by Ghana Web indicated that Kasapreko, a local alcoholic and non-alcoholic beverage company, was granted the tax waiver under the 1D1F (one district, one Factory) initiative. The tax waiver which is the largest to ever be given to any firm under the 1D1F initiative will help Kasapreko in the procurement of machinery, equipment and raw material for the revival of the defunct Paramount…

Read More

Ghanaian beverage manufacturer Kasapreko debuts new soft beverage ‘Puma Drinks’

GHANA – Kasapreko Company Limited, Ghanaian manufacturer and producer of alcoholic and non-alcoholic drinks has launched a new beverage “Puma Drinks” in collaboration with Metro Mass Transit (MMT). Coming in a 300ml value pack, the soft beverage has a wide range of flavours including apple, orange, tropical, energy, malt, cranberry, and pineapple. Speaking at the launch, Commercial Director of Kasapreko Company Limited, Mr Gerald Bonsu, said that the decision to introduce Puma Drinks and as well collaborate with MMT, was informed by the current COVID-19 pandemic, which had affected everyday…

Read More

Kasapreko acquires US$7.4m financing to expand production of hand sanitizer

GHANA – Kasapreko Company Limited, Ghanaian manufacturer and producer of alcoholic and non-alcoholic beverages has tapped into Standard Chartered’s US$1 billion financing, acquiring US$7.4m loan facility to expand production of alcohol based hand sanitisers for use in Ghana. Kasapreko commenced mass production of hand sanitisers in March 2020 to curb the spread of COVID-19 as a response to an appeal by the President, Nana Addo Dankwa Akufo-Addo to local industries to produce affordable hand sanitisers. According to a report by Ghanaian Times, Standard Chartered launched the programme in March 30,…

Read More

Kasapreko kickstarts operations at newly established beverage factory

GHANA – Kasapreko Company Limited, a Ghanaian manufacturer and producer of alcoholic and non-alcoholic drinks has commenced operation at its new factory in the Ashanti Regional town of Tanoso, developed under the government’s One district, One factory flagship (1D1F) programme. The factory which sits on a 10,000 square metre property has a production capacity of about 85,000 bottles of various products per day, reports Ghanaian Times. A waiting to be commissioned, the new factory will serve the northern market of the country, export market and will create about 3,000 direct…

Read More

Ghana’s beverage company launches new US$2.2m Tetra Pak juice line

GHANA – Kasapreko Company Limited, a manufacturer and producer of alcoholic and non-alcoholic drinks in Ghana, commissioned a new automated carton aseptic juice line following a US$2.2 million investment. According to the company, the juice production line will produce Kiddy Pak juice drinks to serve the young adults market, reports GhanaWeb. According to Chris Addo-Sarkodie, US$2.2 million the state-of-the-art Tetra Pak production line will enable the company produce about 800,000 packs of Kiddy pack juice to be distributed on a daily basis. “…It cost the company 2.2million dollars to set…

Read More

Ghana’s Kasapreko to open new beverage plant under 1D1F scheme

GHANA – Kasapreko Company Limited, a Ghanaian manufacturer and producer of alcoholic and non-alcoholic drinks, is set to open a new factory under the government’s One district, One factory flagship programme. Construction of the factory, which is underway, is expected to be completed by June after which equipment installation and production are expected to begin in August this year. Upon commencement of its operations, the new factory will serve the northern market of the country and for export market and will create about 3,000 direct and indirect employment opportunities. The…

Read More