AFRICAN & MIDDLE EAST NEWS
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AB InBev transfers Jose Moran to be Tanzania Breweries’ Country Director from Zambian Breweries
ZAMBIA – Zambian Breweries Plc, a subsidiary of AB InBev, has made changes in its leadership team with the appointment of Michelle Kilpin, who is…
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Zambian producer of pre-cooked beans Mushili Beans plans to expand offering
ZAMBIA – Mushili Beans, a Zambian processer and supplier of affordable pre-cooked frozen beans that require 10-15 minutes of cooking, is seeking to expand its…
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Indian food processor Allana Group halts operations in Ethiopian unit following harsh operating environment
ETHIOPIA – Frigorifico Boran Foods Plc, the Ethiopian subsidiary of India-based Allana Group, has shut down its US$60m abattoir, after slightly over a year since…
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Nigeria’s Agvest Limited to list US$12.1m cashew nut contracts to raise funds for expansion
NIGERIA – Agvest Limited, Nigerian agricultural value chain player, is seeking to list cashew nut contracts worth N5 billion (US$12.1m) through diversified financial instruments. The…
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Shoprite holdings appoints two new non-executive directors to its board
SOUTH AFRICA – Shoprite Holdings Ltd, Africa’s largest consumer goods retailer has added new blood to its board with the appointment of two respectable and…