M&As, Funding & Investments
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Carrefour Kenya expands outlets to 20, opens new branch at Business Bay Square Mall in Eastleigh
KENYA – French multinational retail and wholesaling corporation, Carrefour, has expanded its retail chain in Nairobi city with the latest being at the Business Bay…
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Stonyfield Organic invests US$7m in boosting production capacity at New Hampshire facility
US – Stonyfield Organic, one of the USA’s leading yogurt processors has invested injected US$7 million into expanding its Londonderry, New Hampshire facility to meet…
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Senegal receives 312 breeding bulls from Brazil to boost meat production
SENEGAL – Senegal has invested US$2 million in purchasing 312 breeding bulls from Brazil as part of a measure to meet meat self-sufficiency amid rising…
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PepsiCo South Africa to take full ownership of Futurelife Health Products
SOUTH AFRICA – American multinational food and beverage company, PepsiCo, is going for the remaining 50% shares at Futurelife Health Products, a functional food company,…
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AFEX seeks to raise US$65M to drive expansion into 7 new African countries
NIGERIA – AFEX, Nigeria’s first private agricultural commodities exchange player has announced plans to raise US$65 million to fund its expansion plan into seven new…