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Ethiopia’s leading poultry company EthioChicken Group receives US$5m backing from Finnfund
ETHIOPIA – Ethiopia’s leading producer of day-old-chicks and poultry feed, EthioChicken Group has received US$5m equity investment from OP Finnfund Global Impact Fund I, the…
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Spur launches first drive-thru restaurant in South Africa as Burger King’s acquisition gets blocked
SOUTH AFRICA – Spur Corporation, South Africa based fast–food chains operator, has expanded its service offering with the launch of its first drive-thru restaurant in…
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Kraft Heinz to invest US$198m in expanding manufacturing capabilities of UK facility
UK – Kraft Heinz, the fifth-largest food and beverage company in the world, has announced plans to invest £140 million (about US$197.7m) in expanding and…
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Kraft Heinz to invest US$198m in expanding manufacturing capabilities of UK facility
UK – Kraft Heinz, the fifth-largest food and beverage company in the world, has announced plans to invest £140 million (about US$197.7m) in expanding and…
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Ethiopia beefs up edible oil production with launch of new US$114m processing plant
ETHIOPIA – WA Group, Ethiopian multi-sectoral company has set the turbines rolling at its newly built Birr 5 billion (US$114m) edible oil processing plant. The…