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Glassmaker expands in Africa to boost revenue, Kenya
Glassmaker expands in Africa to boost revenue, Kenya

Glassmaker expands in Africa to boost revenue, Kenya

MARKETING NEWS - Oct 16th 2013, 11:38

East Africa Glassware Mart plans to double its revenue to $34 million (Sh2.9 billion) by opening in 10 new markets within Africa over the next three years. 

EAGM’s country general manager for Kenya Snehal Karia said the company recorded revenues of $17 million (Sh1.45billion) in the last financial year and plans to open in Zambia this year.

This will be followed by Malawi, Zimbabwe, Mozambique, Madagascar, DRC, Ethiopia, South Sudan, Ghana and Nigeria in the subsequent years to enable the firm to achieve set revenue targets. “We have embarked on an expansion plan as we move to establish our footprint in countries in Africa,” he said. 

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