AFRICAN & MIDDLE EAST NEWS
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Uganda Breweries Limited launches US$1m fund to revive bars from Covid-19 impact
UGANDA – Uganda Breweries Limited (UBL), subsidiary of East Africa Breweries Limited has officially rolled out its US$1 million Raising the Bar fund, aimed to…
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Ethiopia’s oil seeds production to marginally decline due to drop in sesame production
ETHIOPIA – Ethiopia’s oil seeds production i.e., sesame seed, Niger seed, and soybeans in marketing year 2020/21 (October to September) is estimated to reach 705,000…
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Innscor Africa reports 45% growth in half year revenue boosted by improved performance across most categories
ZIMBABWE – Innscor Africa Limited, an expansive manufacturing and retail conglomerate in Zimbabwe, has reported 45% growth in half year revenue for the six months…
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Impact investor Root Capital to finance agribusinesses in Africa through US$35m DFC’s investment
AFRICA – Root Capital, a nonprofit impact investor offering farmers around the world a path to prosperity, has receives US$35 million support from the U.S.…
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Global ingredient manufacturer Kemin becomes majority shareholder in Egyptian animal vaccine company MEVAC
EGYPT – Kemin Industries, a global ingredient manufacturer has expanded its presence in the global vaccine market by becoming a majority shareholder in MEVAC, an…