M&As, Funding & Investments
-
KTDA sets up new specialty tea factory in Kiambu
KENYA – Kenya Tea Development Agency (KTDA) has invested Sh130 million (US$0.95m) in building a new specialty tea (white and purple varieties) processing factory in…
-
Ethiopia seeks self-sufficiency in sugar production
ETHIOPIA – Ethiopia, a landlocked country in the Horn of Africa, has outlined an ambitious plan of increasing sugar production from the current 3.6 million…
-
Tanzania to revamp ailing Njombe Milk Factory Company
TANZANIA – Tanzanian government has revealed that concerted efforts are being carried out to completely revamp Njombe Milk Factory Company to meet the country’s increasing…
-
Two new mills to be installed in Nzoia Sugar Company to boost production
KENYA – Speaking on behalf of the Kenyan Government, National Assembly Speaker Moses Wetang’ula said the government will install a new and modern mill at…
-
Dairibord invests US$3.6m in solar power, water projects to tackle shortages in essential utilities
ZIMBABWE – Zimbabwe’s largest dairy processor, Dairibord Holdings, has invested US$3.6 million in solar power and water projects to address a rocking shortage of essential…