M&As, Funding & Investments
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Kenyan tea processor Rukuriri Tea Factory invests US$2.1M in new orthodox processing line
KENYA – Rukuriri Tea Factory, a KTDA affiliate company in Embu County, has initiated plans to install an orthodox tea processing line for Sh300 million…
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Coca-Cola Beverages Botswana inaugurates new US$24.4m production line, water treatment plant
BOTSWANA – Coca-Cola Beverages Botswana (CCBB), a unit of Coca-Cola Beverages Africa (CCBA), has launched a new state-of-the-art production line and water treatment plant to…
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Diageo reveals plans to invest in new aluminium recycling and manufacturing plant in UK
UK – British multinational alcohol giant, Diageo, has announced plans to invest in a facility with the capacity to produce “hundreds of thousands of tons”…
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Ayman Shahin Export invests US$20m in new Moussy malt beverage factory in Egypt
EGYPT – Ayman Shahin Export, an export management and manufacturing company, has invested US$20 million in a new Moussy malt beverage factory in Egypt. The…
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Mars Wrigley to empower 1,000 entrepreneurs in Kenya under Maua program
KENYA – Mars Wrigley, one of the world’s leading manufacturers of chocolate and chewing gum, has unveiled plans of recruiting an additional 1,000 entrepreneurs in…