AFRICAN & MIDDLE EAST NEWS
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Angolan state bags US$82m from privatization of government owned breweries, agro-livestock farms
ANGOLA – The government of Angola has raised a total of Akz 52 billion (US$82.7m) from the privatization of 3 state-owned breweries and 5 agro-livestock…
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Cadbury Nigeria reports 10% decline in full year revenue while Unilever Nigeria registers 2% top-line growth
NIGERIA – Cadbury Nigeria, subsidiary of snack and confectionery firm Mondelez International has reported a 10% decline in full year revenue for the period ended…
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ITFC, OCP Africa partner to build Côte d’Ivoire’s rice value chain, Malawi government plans US$40m rice scheme
CÔTE D’IVOIRE – The International Islamic Trade Finance Corporation (ITFC) has partnered with OCP Africa to support 20,000 rice farmers in Côte d’Ivoire’s agriculture value…
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NBL treats Namibians abroad with iconic Windhoek Lager, commemorating 31st independence of diplomatic missions
NAMIBIA – Namibia’s leading beer maker Namibia Breweries Limited (NBL) has donated 340 cases of Windhoek Lager, valued at close to N$ 100 000 (US$6,800)…
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SAB to launch new B-BBEE scheme with US$371m worth of AB InBev’s shares
SOUTH AFRICA – The South African Breweries (SAB), subsidiary of AB InBev is set to launch its new B-BBEE scheme SAB Zenzele Kabili which will…