AFRICAN & MIDDLE EAST NEWS
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Kenyan producer of NuVita brand Malbros undertakes technological advancements in operations
KENYA – Malbros, trading as Mjengo Limited in Kenya has automated its operations with the implementation of SAP system, which will manage and organise the…
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Portuguese agricultural company completes acquisition of South African agri-bio business Oro Agri
SOUTH AFRICA – Rovensa, one of the global leaders in sustainable solutions for agriculture, has completed the acquisition of Oro Agri, from South Africa based…
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Distell rises above COVID-19 turbulence reporting 3.8% revenue rise in interim period
SOUTH AFRICA – Distell Group, producer and marketer of wines, ciders, spirit and ready-to-drinks beverages has reported 3.8% rise in half year revenue for the…
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Phatisa Food Fund 2 gets additional backing from development finance institutions closing at US$143m
AFRICA – Phatisa, a sector-specific African private equity fund manager, has reached a US$143 million final close for its Phatisa Food Fund 2 (PFF 2),…
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AfDB, FAO and South Sudan ink protocols for US$14m grant to boost agricultural markets
SOUTH SUDAN – The African Development Bank (AfDB) has signed protocols to disburse a US$14 million grant to the Government of South Sudan to boost…