East Africa

Ugandan Dairy Processor Mujuni Ventures Secures Strategic Funding from Oxano Capital to Scale Production and Cold-Chain Infrastructure

Kampala-based Mujuni Ventures has closed a milestone investment from Netherlands-based Oxano Capital, unlocking capital to expand its processing footprint, upgrade supply chain logistics, and deepen smallholder sourcing across East Africa.

Ugandan Dairy Processor Mujuni Ventures Secures Strategic Funding from Oxano Capital to Scale Production and Cold-Chain Infrastructure
Image Credit: Africa Investor Review

KAMPALA — In a major boost for East Africa's agricultural value chain, Ugandan dairy processing enterprise Mujuni Ventures Ltd has officially completed a strategic financial investment from Netherlands-based impact investment firm Oxano Capital. The partnership injects vital growth capital into one of Uganda's most dynamic homegrown agribusinesses, positioning the company to scale its operational footprint and modernize its cold-chain infrastructure across the region.

From Regional Aggregation to Integrated Processing

Founded in 2019 by visionary entrepreneur Dickson Mujuni, Mujuni Ventures has experienced rapid growth over the past several years. Starting as a regional raw milk aggregation business, the enterprise has successfully transformed into a fully integrated dairy processor anchored by its flagship brand, Too Good Yoghurt.

Operating out of the nation's capital, Kampala, the company has carved out a distinct market position by bridging the gap between rural agricultural producers and urban consumer demand. Mujuni Ventures sources raw milk directly from smallholder dairy farmers scattered across Uganda's fertile southwestern agricultural belt, providing a reliable, consistent market for local livestock keepers. The company's diverse product portfolio supplies local retail shops, educational institutions, and major domestic markets throughout the country.

Strategic Deployment of Capital

The newly secured investment from Oxano Capital will be channeled directly into core operational expansion. Key focus areas for the capital deployment include:

  • Core Processing Capacity: Upgrading manufacturing plants to handle higher daily volumes of raw milk intake and scaling up yogurt and dairy production lines.
  • Cold-Chain Modernization: Investing in advanced refrigeration and transport logistics to drastically reduce post-harvest losses and ensure product freshness from farm to shelf.
  • Distribution Footprint: Deepening distribution channels across Uganda to reach underserved peri-urban and regional markets.

The Impact Investment Angle

The collaboration with Oxano Capital underscores a broader trend of international impact capital flowing into East Africa's agri-food sectors. By focusing on sustainable business models that uplift smallholder farmers, the investment aligns with regional development goals aimed at boosting rural incomes, reducing agricultural waste, and enhancing food security.

As Mujuni Ventures enters its next chapter of growth under Dickson Mujuni's leadership, the company is well-positioned to set a new benchmark for agro-processing excellence and supply chain resilience in Uganda.

Learn More at: https://www.mujuniventures.com

Written by

Charles S.
Charles is an author and editor known for his focus on transactional intelligence, deal flows, and institutional market developments.
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