Fastizers is a Nigerian confectionery manufacturer founded in 2010 by Deborah Lawson that produces snack foods including Nibit, Sweetstix, and FunCookies. The company has expanded its product range from one to seven snack options and built an extensive distribution network reaching 31 states in Nigeria. Fastizers sources more than 70% of its raw materials locally, creating employment and opportunities for indigenous suppliers along its value chain. The company plans to expand factory operations with a new fully automated production line capable of producing over 1,200 kg of snack foods per hour to serve its growing African customer base. The new facility is expected to add 100 jobs and enable the launch of complementary products. Aruwa Capital Management has invested $2 million to support these expansion and product-offering plans.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2023