M&As, Funding & Investments
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Commodity trader AFEX inaugurates multi-grain processing plant, storage unit in Nigeria
NIGERIA – AFEX, Nigeria’s leading commodities market player, has opened its newly built multi-grain processing plant in Kaduna state with an annual processing capacity of…
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JBS, Tyson Foods invests in smartwatch app that can improve worker productivity while reducing injuries
US – Two of America’s meat giants, JBS and Tyson Foods, have invested in Mentore, a smartwatch application that allows managers to monitor workers’ movements.…
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US$171M expansion of Jeddah Islamic Port to boost Saudi Arabia’s overall food security
SAUDI ARABIA — Saudi Arabia’s food security situation is set to get a major boost following the expansion of the Jeddah Islamic Ports, World Grain…
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Valio starts phasing out natural gas usage amid shortages in gas supply, launches chocolate of the future
FINLAND – Finnish dairy and soft drinks group Valio is phasing out the use of natural gas at its factories while turning to the use…
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Plastic packaging, recycling specialist ALPLA opens new production hub in South Africa
SOUTH AFRICA – Austrian plastic packaging and recycling firm ALPLA Group, has merged its five previous facilities in South Africa under one roof, at the…