LATEST NEWS
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Tanzanian tea factory Mponde gets new investor Mponde Holdings Company
TANZANIA – The government of Tanzania has officially handed over Mponde Tea Factory to Mponde Holdings Company, a joint venture between the Workers Compensation Fund…
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Cameroon to receive US$35m backing from IFAD to drive growth of aquaculture sector
CAMEROON – The International Fund for Agricultural Development (IFAD) is seeking to channel CFA21.3 billion (US$35m) to boost growth of the Cameroonian aquaculture sector through…
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SAB to pump US$63.2m in two South Africa based breweries to ignite economic growth
SOUTH AFRICA – The South African Breweries (SAB) seeks to invest a further R920m (US$63.2m) into its Prospecton and Ibhayi breweries, reaffirming its commitment to…
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Zebu Investment joins forces with Norfund to acquire Mozambican food distributor Terramar Group
MOZAMBIQUE – Zebu Investment Partners through its sophomore fund, Africa Food Security LP (AFS LP), has partnered with Norweign Investment Fund for developing countries, Norfund,…
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Jubilant Food Works achieves full ownership of Bangledeshi joint venture
INDIA – Indian food service company Jubilant Food Works (JFL) has announced that it will acquire the remaining 10 percent share in its joint venture…