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M&As, Funding & Investments
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Algeria targets expansion of aquaculture output to 20,000 tonnes by 2026
Government incentives and new hatchery and feed projects are being introduced to increase domestic fish supply.
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Cameroon’s Sosucam invests US$4.5M in new sugar unit as national deficit persists, exports surge
The Nkoteng unit replaces the older Mbandjock installation, which no longer meets current technical requirements.
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Ferrero invests US$75M to produce Nutella Peanut in US
Franklin Park facility becomes production base for US market expansion
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Scott & Co expands into fresh produce with acquisition of Proxifresh
Proxifresh has built a strong reputation for distributing fruits, vegetables, meats, seafood, dairy products, and fine grocery items.
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Çelebi Aviation enters Kenyan market with US$40M acquisition of Transglobal Cargo Centre Ltd
The handler stated that the move into Kenya marks “a key milestone in its expansion across Africa” and reinforces “its focus on high-potential regions.”