M&As, Funding & Investments
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PepsiCo invests US$292.5m in expanding US manufacturing capacity
USA — American beverages and snacks maker PepsiCo is investing US$292.5 million in boosting its manufacturing capabilities in the United States. According to a statement from…
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Mozambican miller Merec invests US$8m in new pasta processing line
MOZAMBIQUE – The President of Mozambique, Filipe Nyusi has inaugurated a new US$8m pasta processing line in Beira, capital of the central province of Sofala.…
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Crown Holdings counters Ball Corp’s inroads in UK market with construction of new beverage can facility
UK – American manufacturer of metal beverage and food cans Crown Holdings has announced plans to build a new beverage can facility in Peterborough, United…
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World Bank supported initiative awards African agritech startups driving innovation in agriculture sector
AFRICA – The Global Index Insurance Facility (GIIF), a World Bank Group program, has announced the three top winners of the Africa AgTech & Inclusive…
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Nigeria based industrial conglomerate Dangote unveils therapeutic food factory to fight malnutrition
NIGERIA – President of Dangote Group, Aliko Dangote has inaugurated a ready to use therapeutic food (RUTF) processing factory in Kano. RUFT is an energy-dense,…