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M&As, Funding & Investments
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BRF to build US$160M meat processing plant in Saudi Arabia
The facility is to be located in Jeddah, with production aimed at Saudi and regional markets. The project is a joint venture with BRF and Saudi Arabia’s Halal Products Development Company
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Jordan’s Alhusaini Group to invest US$85M in Kazakhstan’s poultry sector
The new breeding facility is to produce 100 million hatching eggs annually. The construction is set to begin in 2025 and conclude in phases by 2029.
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Coca-Cola Beverages Africa commissions a new US$14.9M line in Malawi
Coca-Cola Beverages Africa ramps up production with new investments in Malawi and beyond.
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Nigeria signs US$1B agreement with China’s SINOMACH for sugar production
The National Sugar Development Council partners with Chinese firm SINOMACH for a US$1 billion sugar project as Nigeria pushes for self-sufficiency and reduces reliance on imports.
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Archer Daniels Midland Company expands its office space in Johannesburg
The new expansion underscores ADM’s commitment to grow and innovate in Africa.