By : JD News Desk
Jordan Daily – SME Fund Jo said portfolio company Arabian Development for Food Industries Co. (ADFICO) has restored full operations and accelerated expansion less than a year after a fire destroyed its production line. The Jordan-based manufacturer installed a new line in record time and is now adding a second production and packaging line to meet rising demand.
The company has also launched a brand overhaul aimed at signaling strengthened capabilities, a renewed growth strategy and a forward-looking market position. SME Fund Jo said the dual track of operational recovery and brand evolution underscores ADFICO’s resilience and long-term expansion plans.
“We are proud to partner with companies like ADFICO, supporting their journey as they build a stronger future and continue to contribute significantly to Jordan’s manufacturing sector,” the fund said.
SME Fund Jo invests in high-potential Jordanian SMEs, providing equity and support to help them scale and strengthen competitiveness. It focuses on sectors with competitive advantages and export potential, including healthcare, education, tourism and F&B, manufacturing and logistics, and IT and business outsourcing. The fund is managed by Al-Arabi Investment Group Co. (AB Invest), the investment banking arm of Arab Bank plc.
