PROJECT

Projects

Summary of Investment Information

Project Number

37870

Company Name

INSTA PRODUCTS (EPZ) LTD

Date SPI Disclosed

Mar 17, 2016

Country

Kenya

Region

Africa

Projected Board Date

Apr 18, 2016

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - MAS ME & Africa

Industry

Health, Education and Life Sciences

Previous Events

Approved : May 3, 2016
Signed : Jul 20, 2016
Invested : Dec 16, 2016

Sector

Pharmaceuticals and Medicine

Additional Project Attributes

Blended Finance

Project Description

Insta Products (EPZ) Limited (“Insta” or the “Company”), based in Kenya, is a producer of ready to use therapeutic food (“RUTF”), a high calorie fortified peanut paste based food product. RUTF is consumed directly from the pouches in which it is supplied by individuals suffering from acute malnutrition for six weeks before progressing to other food types. Insta’s clients are relief organizations, which distribute RUTF to affected individuals in conflict-affected areas and other emergency zones.

The proposed project is a US$13.8 million refinancing and growth program to help Insta expand its RUTF production capacity on the back of an increased supply to the East Africa region.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation