M&As, Funding & Investments
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Refresco inaugurates US$21m automated high-bay warehouse in Germany
GERMANY – Refresco, one of the largest independent beverage contract manufacturers in the world, has commissioned a new €20 million (US$20.98m) high-bay warehouse at its…
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IFC champions establishment of digital economy with new US$225m financing platform for startups
AFRICA – African start-up in the agriculture and ecommerce sectors are set to benefit from the newly launched US$225m platform by the International Finance Corporation…
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Moroccan retail-tech startup WafR raises funding, Algerian super app Yassir seeks to launch in SA
MOROCCO – Moroccan retail-tech startup WafR, which helps retail brands to deliver promotions to grocers, has raised a further US$120,000 in funding as it continues…
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Asahi Kasei Corporation builds alkaline water electrolysis pilot test plant in Japan
JAPAN – Asahi Kasei Corporation, a multinational Japanese chemical company, is constructing an alkaline water electrolysis pilot test plant for hydrogen production at its Kawasaki…
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Uganda Breweries invests US$4.6m in new logistics warehouse, empties hardstand facility
UGANDA – Uganda Breweries Limited (UBL), a step-down subsidiary of Diageo through the East African Breweries Plc, has launched a UGX 17.6 billion (US$4.6m) top-of-the-line…