AFRICAN & MIDDLE EAST NEWS
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Varun Beverages Zimbabwe plans US$350M solar project, new beer plant
The investments include a 500MW solar power facility, a clear beer manufacturing plant and a plastic recycling project, alongside plans to expand employment and production capacity.
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Kenya allocates US$28.5M to modernise tea factories amid low farmer bonuses
The funding will target ageing factory infrastructure and productivity challenges as regional disparities persist, with East Rift farmers receiving bonuses of up to Sh60 per kilogramme.
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African Distillers revenue jumps 40% as sales volumes rise
Afdis is accelerating production capacity investments, with US$6.3 million in capital expenditure as it prepares for further demand growth and new project commissioning.
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Zimbabwe plans cold rooms, ice units to cut post-harvest losses
Kadungure said the intervention would curb post-harvest losses, protect product quality and give farmers greater leverage.
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AgDevCo Ventures invests US$3M in Uganda’s Newman Foods fresh produce expansion
Ssegujja Nasser, Managing Director of Newman’s, said the investment is a vote of confidence in what Ugandan farmers and a Ugandan brand can build together.