AFRICAN & MIDDLE EAST NEWS
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Guinness Nigeria names Dr. Omobola Johnson as new Board Chair replacing retiring Mr. Babatunde Savage
NIGERIA – The Board of Guinness Nigeria Plc has announced the notice of retirement of its long-serving and indefatigable Board Chair, Mr. Babatunde Savage by…
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Tanzania Breweries full year profit plummet by 41% impacted by decline in revenue, heightened expenses
TANZANIA – Tanzania Breweries Limited (TBL), a subsidiary of AB InBev has announced that its full-year profit for the year ended December dropped by 41%,…
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Nigeria’s CHI Limited debuts Hollandai Zero Yoghurt with no added sugar, artificial sweeteners and lactose free
NIGERIA – CHI Limited, Nigeria’s leading fruit juice, drinking yoghurt, evaporated milk, and snacks manufacturer, has expanded its nourishment offering with the introduction of Hollandia…
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Investment firm Goodwell unveils US$60m feeder fund to support high growth SMEs in Africa
AFRICA – Goodwell investments, an Impact investment firm, is set to allocate follow-on funding to existing companies in its portfolio, operating in the food, agriculture,…
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South Africa’s sugar production to rise by 3% in MY 2021/22 as local consumption stabilizes
SOUTH AFRICA – South Africa’s sugar production in the 2021/2022 marketing year is expected to increase by 3 percent to 2.2 million Metric Tons (MT),…