East African growth investor InReturn Capital has made an investment in Reltex Tarpaulins Africa (EPZ), a supplier of relief materials to the humanitarian sector, in collaboration with the Belgian Investment Company for Developing Countries (BIO).
Reltex makes woven tarpaulins and laminated plastic sheets used for emergency shelter and settlement by many of the world’s major international relief agencies such as UNICEF and the Red Cross.
The Investment will double Reltex production capacity and create 80 new jobs.
Reltex manufactures tarpaulins, which it supplies to relief agencies such as UNICEF and the Red Cross.
Reltex is InReturn’s fourth investment in Kenya in 18 months. Prior investments include Hurlingham Eye
Care Services in Nairobi, Horizons Office Limited, a provider of serviced offices in Nairobi, and Vipingo
Stone, a quarrying company located in Kilifi.