M&As, Funding & Investments
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India’s largest wine producer Sula Vineyards launches US$116m IPO
INDIA – Sula Vineyards Ltd, India’s largest winemaker, has set the price band for its initial public offering (IPO) at Rs 340-357 (US$4.13- 4.37) a…
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Montego Pet Nutrition consolidates Gauteng operating units into newly build US$1.7m manufacturing hub
SOUTH AFRICA – Montego Pet Nutrition (Montego), Africa’s largest privately owned pet care manufacturer, has completed construction of its purpose-built facility located in Centurion, Gauteng…
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Egyptian e-commerce startup SIDEUP raises US$1.2m to grow its platform
EGYPT – Egyptian startup SIDEUP, which provides a suite of services for e-commerce businesses, has raised US$1.2 million in seed funding from regional and global…
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Angolan sausage company Sano Dia to open a new US$70M factory to cut reliance on imports
ANGOLA – Sano Dia, an Angola-based private limited company, is building a new sausage and mortadella factory in the country’s capital Luanda to cut reliance…
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ADB welcomes special credit program to Ghanaian agri-sector, its investment hits US$75.54m
GHANA – Following the presentation of the 2023 budget, the Agricultural Development Bank (ADB) Plc, has welcomed the Ghana government’s pledge to establish a GH¢…