We pursue a low-risk strategy to capitalise on opportunities in the rest of Africa. This entails following established customers into selected locations, entering into joint-ventures with other established food and route-to-market businesses, and acquiring or establishing new businesses where appropriate to expand ownership of our value chain. In addition to expanding our physical footprint, we constantly engage with our multi-national partners to identify and capitalise on export opportunities in this space.
Our African Investments
2
Senn Foods Logistics – 49% Shareholding
Senn Foods, a joint venture in Botswana which was entered into during the 2014 financial year, is a good example of RCL FOODS’ approach to sound strategic partnerships in Africa. Senn Foods is involved in the trading and distribution of dry, frozen and chilled food. 5