AFRICAN & MIDDLE EAST NEWS
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Shoprite finds buyer for Nigerian unit, awaits regulatory approval
NIGERIA – Africa’s largest retailer Shoprite Holdings is said to have found a buyer for its Nigerian subsidiary, Retail Supermarkets Nigeria Limited. Reports by Reuters…
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Biotechnology company CGAL seeks to invest US$68m in Ghana to promote organic farming
GHANA – Contec Global Agro Limited (CGAL), a United Kingdom based organic farming and biotechnology company, is seeking to set base in Ghana. The company…
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Alliance Ginneries Limited invests US$11m in construction of soybean oil processing plant in Zambia
ZAMBIA – Alliance Ginneries Limited (AGL), a cotton ginning company operating in Southern Africa is seeking to diversify its operation by venturing into soybean oil…
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South Africa’s Libstar banks on innovation to drive growth during pandemic period, launches new products
SOUTH AFRICA – Libstar, one of South Africa’s leading Consumer Packaged Goods (CPG) manufacturers and distributors, has launched two No Added Sugar yoghurt flavours, in…
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South Africa confirms avian flu outbreak, cases reported in commercial poultry farm
SOUTH AFRICA – South Africa’s multi-billion-dollar poultry industry is on high alert and implementing contingency plans after an announcement of an outbreak of avian flu…