Newman's Foods Ltd has raised $3.0M from AgDevCo Ventures, capital that lands at a Ugandan agribusiness built on turning local crops into packaged products rather than shipping them out raw.
The Kampala company, which started in a converted garage in Makindye, now employs more than 300 people and runs Newmans Snacks as its flagship brand. It processes value-added agricultural goods and sells them against both local and international standards, positioning itself as the link between smallholder farmers and steadier markets.
