M&As, Funding & Investments
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Nestlé invests US$4.44m in localizing production of Nescafé Gold coffee in South Africa
SOUTH AFRICA – Swiss food company, Nestlé, has inaugurated its new R79-million (US$4.44m) plant in Babelegi, Hammanskraal, which has localized the production of the Nescafé…
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Heineken UK invests US$25m in enhancing operations of Manchester brewery
UK – Heineken UK, the nation’s largest pub, beer, and cider company, has announced a substantial investment of £25 million (US$28.05m) into its Manchester brewery.…
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JBS reopens Juara plant, Rivelea subsidiary invests over US$20M
BRAZIL – Brazillian meat giant, JBS has reopened its Juara beef processing plant in the state of Mato Grosso increasing more beef capacity. According to…
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USAID to invest US$159.5M in dairy, horticulture value chains
KENYA – The United States Agency for International Development (USAID) has committed US$159.5m to support dairy and horticultural farmers to increase their production. USAID noted…
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ABB invests in new training centre in Singapore, unveils high accuracy flowmeter calibration facility in Germany
SINGAPORE – Switzerland based technology leader in electrification and automation ABB is investing US$1 million to open a Digital Solutions & Training Centre in Singapore…