M&As, Funding & Investments
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Lactalis invests US$2.6M to open new facility in Bosnia and Herzegovina
Europe – French dairy giant, Lactalis has invested US$2.6 million to establish a new processing facility in Bosnia and Herzegovina. According to the company, the…
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Egypt begins construction works of US$19.4m fishing port in Rosette city
EGYPT – Egypt is beefing up its activities in the fishing industry through the expansion of fishing infrastructure in the country, which will cement its…
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Pick n Pay invests in rainwater harvesting and biological water treatment systems at Eastport Logistics Park
SOUTH AFRICA – Pick n Pay, a South African-based retailer, has contracted the water management solutions provider, Sewtreat, to construct two water projects at its…
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Tiger Brands budgets US$6.4m in capital expenditure to mitigate the impact of power cuts in second half of its financial year
SOUTH AFRICA – Tiger Brands, one of the biggest food producers in Africa, has allocated 120 million rand (US$6.4 million) in capital expenditure for the…
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Private investor inject US$4.8m into construction of new coconut processing plant in Mozambique
MOZAMBIQUE – A private investment firm in Mozambique has broken ground on a US$4.8 million coconut processing plant in Zambézia Province, an extensive coconut belt…