M&As, Funding & Investments
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Shoprite Group expands solar capacity with installation of new systems
SOUTH AFRICA – The Shoprite Group is increasing its use of renewable energy with installation of additional rooftop solar PV (photovoltaic) systems at its Checkers…
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Parle Agro upgrades facilities of local fruit processors to meet growing demand
INDIA – Parle Agro, the largest beverage company in India, has announced plans to update the internal infrastructure and building capacities of its fruit processing…
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Arla builds US$204m facility in Germany to meet demand for sustainable and nutritious dairy products
GERMANY – Danish multinational dairy cooperative, Arla Foods has committed €190 million (US$204 million) investment to a production facility in Germany in order to meet…
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B2B retail marketplace Betastore closes US$2.5m to spread wings in West Africa
NIGERIA – Betastore, West Africa based B2B retail marketplace with operations in Nigeria, Ivory Coast and Senegal, has raised US$2.5 million in pre-series A funding…
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EABL to offer intimate customer experience, drive innovation with new US$8.5m microbrewery
KENYA – In a bid to fuel its next 100 years of growth, East African Breweries PLC (EABL), has broken ground for the construction of…