IFRIA’s investment comes as Senegal accelerates efforts to expand its national cold storage capacity.
Peru, Costa Rica, and Brazil are emerging as key competitors to Moroccan exports, contributing to a growing multi-billion dollar trade sector.
Much of those products passes through Kenyan logistics platforms before reaching international markets, limiting the value captured within Uganda.
By researching optimal crop varieties and modernizing its approach, ICOUR seeks to restore its standing as a premier hub for high-quality produce.
Nestlé plans to transfer production to a UK co-manufacturer while seeking a new investor to continue confectionery manufacturing at the Hungarian site.