M&As, Funding & Investments
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LSDH Group inaugurates US$34m plant-based beverage plant in France
FRANCE- French family-run beverage producer LSDH Group has opened a new US$34.86 million plant-based beverage manufacturing plant, which utilizes state-of-the-art dry processing technology from Bühler.…
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Rwanda to invest in modern livestock measurement technology, addresses expertise shortage in fishing industry
RWANDA – Rwanda has a budget of US$3.13m for the implementation of standardized measurement technology during the sales of livestock to reduce discrepancies and unfair…
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Pernod Ricard signs US$2.29bn sustainability-related loan, invests in circular economy technology start-up ecoSpirits
FRANCE – French spirit giant, Pernod Ricard, has signed its first sustainability-related loan, totaling € 2.1 billion (US$2.29bn) to refinance an existing line of credit…
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Namibia plans to rejig Meat Corporation to stave off competition from new entrants
NAMIBIA – Namibian Ministry of Agriculture plans to re-strategize and reposition the Namibia Meat Corporation (MeatCo) as a modern entity to counter the escalating competitive…
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Coca-Cola invests US$650m in expanding production capacity of Fairlife milk brand in US
USA – The world’s largest beverage producer, Coca-Cola, is expanding production capacity for Fairlife milk brands by investing US$650 million in setting up a new…