M&As, Funding & Investments
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Cargill opens first of-its-kind cocoa development centre in Asia-Pacific
INDONESIA – Cargill, a leading global food and agribusiness, has announced the opening of the Cargill Cocoa Development Center in Gresik, Indonesia to foster innovation…
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Uganda’s Nile Breweries launches barley drying and cleaning plant
UGANDA – Nile Breweries Ltd (NBL), a leading beer manufacturer in Uganda, has launched a UGX 4bn (US$1.06 million) state-of-the-art barley cleaning and drying…
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Danish Crown explores external investment to propel growth and competitiveness
USA – Danish Crown, the Randers-based meat cooperative, is actively considering external investment strategies to drive growth in key subsidiaries and fund the establishment of…
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Egypt seeks barter trade agreement with Kenya for tea amid dollar shortage
EGYPT – Egypt is considering a unique solution to sustain its tea trade with Kenya amid a severe shortage of US dollars in both countries…
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Sunora Foods invests US$100M in palm oil plantation to boost local production in Edo State
NIGERIA – Sunora Foods, a renowned international vegetable oil trading company, has pledged a substantial investment of US$100 million in an oil palm plantation in…