M&As, Funding & Investments
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Kenya attracts US$3.95M investment in aquaculture industry
KENYA – Kenya is set to receive a US$3.95 million investment in aquaculture feed manufacturing as Maxim Agri and Samakgro plan to establish a new…
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Nestlé to close Hungary confectionery factory as seasonal chocolate demand declines
Nestlé plans to transfer production to a UK co-manufacturer while seeking a new investor to continue confectionery manufacturing at the Hungarian site.
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South Africa competition watchdog backs Coca-Cola HBC’s acquisition of Coca-Cola Beverages Africa
The proposed acquisition moves closer to completion after South Africa’s Competition Commission recommended approval, subject to public interest commitments.
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Dalmia Bharat Sugar approves US$132 million integrated sugar and bio-energy project in Tanzania
The investment will establish a large-scale sugar estate, manufacturing plant and cogeneration facility to strengthen Tanzania’s sugar production and regional supply.
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Mawani signs US$262M logistics contracts to expand Jeddah Port, Al Khumra zones
By modernizing these hubs with digital platforms and improved road connectivity, the initiatives aim to streamline global trade and reinforce the nation’s role as a primary Red Sea transit point.