M&As, Funding & Investments
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WTO says export restrictions can further contribute to worsened global economic outlook
GLOBAL – Speaking at her annual World Trade Organisation (WTO) Trade Monitoring Report presentation at a meeting of the Trade Policy Review Body, the Director-General,…
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AfDB commits financial support to Botswana, DRC to bolster post-Covid-19 economic recovery
BOTSWANA – The government of Botswana is set to receive US$179.66m loan from the African Development Bank (AfDB) to support the state’s reforms to restore…
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Ugandan Rena Beverages launches Hibiscus Tea Bags, SA Rooibos tea maker Bos Brands bags investment
UGANDA – Uganda-based Rena Beverage Solutions has unveiled hibiscus tea bags that contain vitamins, iron, and antioxidants among others for healthy living. Regina Nakayenga, founder…
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Molson Coors kick-starts no-beer beverage production in two Canadian facilities
CANADA – Two of the biggest Molson Coors facilities in Canada, Chilliwack, and Toronto, have commenced production of non-beer beverages that will lead to thousands…
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Egypt’s agrifood group Haj Arafa to build US$4m date packaging facility
EGYPT – Egypt’s agrifood group Haj Arafa has announced plans to build a US$4 million date packaging unit next year in the Siwa oasis, west…