M&As, Funding & Investments
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Mongolian dairy producer Suu Milk secures financing from EBRD, XacBank to support expansion programs
MONGOLIA – Suu Milk, one of Mongolia’s oldest dairies, has secured funding from the European Bank for Reconstruction and Development (EBRD) and the local lender XacBank to…
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Ghana launches US$1.1m rice processing facility with modern parboiling, milling, packaging plants
GHANA – Ghana is forging ahead with its ambitious target of attaining self-sufficiency in rice production with the launch of new processing plant in the…
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Nigerian agricultural firms secure financing with support from NIRSAL to boost poultry, cocoa production
NIGERIA – The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Plc has facilitated the approval and disbursement of N81.8 million (US$198,700) and N150…
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Mondelēz debuts US$2.4B Green Bond Offering as Kraft Heinz pays SEC US$62m for accounting irregularities
USA – American multinational snack and food company Mondelēz International, Inc., has debuted the group’s first green bond, whose proceeds will be used to support…
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Guinness Ghana more than doubles its processing capacity with launch of new US$23.9m Brewhouse
GHANA – Guinness Ghana Breweries PLC, has commissioned a state-of-the-art Brewhouse worth GHS 145 million (US$23.9m). According to the subsidiary of the British multinational alcoholic…