Lusaka, 11 November 2025 – Growth Investment Partners (GIP) Zambia has made its first major investment, injecting USD 5 million into Boxpack Zambia Limited to boost local manufacturing and meet the country’s growing packaging demand.
The funding will enable the family-owned producer of corrugated carton boxes and paper-based packaging materials to install a new production line, tripling monthly output from 600 to 1,800 tonnes. The expansion will reduce reliance on imported materials and strengthen Zambia’s domestic supply chain.
Founded in 2009, Boxpack has established itself as a trusted supplier to fast-moving consumer goods companies across Zambia, supporting sectors from agriculture to retail. The investment underscores the company’s role in driving local industrial growth while aligning with the country’s sustainability goals favouring recyclable, paper-based packaging.
Beyond financing, GIP Zambia is providing comprehensive business support through BII’s Zambia Investment Support Programme. This initiative will help Boxpack enhance financial reporting, implement a full Environmental and Social Management Framework, and establish formal board governance structures—critical steps in its transition from a medium tier 2 to a medium tier 1 enterprise.
The expansion is expected to create new jobs across production, marketing, sales, logistics, and administration. Employee training programmes will strengthen technical skills in manufacturing and quality control, while Boxpack’s growth will also boost the broader ecosystem of local suppliers, transporters, and service providers across Zambia’s packaging value chain.
GIP Zambia’s innovative royalty funding model ties repayments to revenue performance, allowing the founding family to retain ownership and control. A 12-month moratorium on principal repayments provides Boxpack with time to implement the expansion smoothly, ensuring long-term operational and financial sustainability.
Author: PackagingNews Africa
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