M&As, Funding & Investments
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Ivorian subsidiary of Seaboard Corporation invests US$2.26m to guarantee its power supply
IVORY COAST – Grands Moulins d’Abidjan (GMA), Ivorian agri-food company specializing in the production and marketing of flour and wheat products, has made an investment…
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Danone celebrates 60 years in Nigeria with opening of Fan Milk’s new US$9m facility
NIGERIA – Marking its diamond jubilee celebrations in the Nigerian market, Fan Milk Plc, subsidiary of multinational food-products corporation Danone, opened a new state-of-the-art frozen…
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Nigeria based Pricepally secures investments, Lotus Ecoculture expands into Ghana
NIGERIA – Pricepally, Nigerian ecommerce start-up backed by GreenTec Capital Partners, has been selected to receive funding and support from US-based SOSV. SOSV provides multi-stage…
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PE firm INMA invests in Tunisian firm behind fast-food chain Plan B
TUNISIA – INMA Holding, a private equity firm that chases small and medium-sized Tunisian businesses, has struck a deal with an investment of TAD5 million…
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Lactalis completes modernization works at French facility with installation of US$51m whey drying tower
FRANCE – French multinational dairy products corporation, Lactalis has completed modernization work at its Verdun factory in northeast France with the inauguration of a new…