M&As, Funding & Investments
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Uganda’s Crown Beverages invests in new water processing plant, launches jumbo sized returnable bottle of Nivana water brand
UGANDA – PepsiCo, through its subsidiary Crown Beverages Limited (CBL), has established a new plant with two dedicated water processing lines in Uganda. Boosting the…
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Kenya’s manufacturing giant Devki Group invests US$16m in new fertilizer plant, seeks to pump in US$46m to revive Mumias Sugar
KENYA – Devki Group of Companies, industrial manufacturing giant in Kenya, has pumped Ksh 1.8 billion (US$16m) in the establishment of a new fertilizer plant.…
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Seed Co to boost production capacity in Tanzania with US$4.3m investment in new seed processing plant
TANZANIA – Seed Co. Tanzania, the subsidiary of regional seed producer Seed-Co Group, is seeking to establish a new seed processing factory in Iringa, Central…
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Flour Mills of Nigeria expands investment in Nigeria’s sugar industry as Shell Nigeria ventures into cassava processing
NIGERIA – Flour Mills of Nigeria Plc (FMN), has announced the acquisition of 20,450 hectares of land in Nasarawa State, to boost the backward integration…
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Arla Foods expands Danish facility to meet growing Japanese appetite for Cheese
DENMARK – Arla Foods, one of the largest dairy cooperatives in Europe, is expanding its cheese production capacity in Denmark in order to meet rising…