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AFRICAN & MIDDLE EAST NEWS
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SIPEF acquires Tiabam plantation, targets 70,000 tonnes of banana output
The acquisition positions SIPEF to benefit from growing European demand and to consolidate its role as a leading producer in the Ivorian market.
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Kenya signs US$100M DP World-GulfCap SEZ deal to boost Mombasa manufacturing
The project is expected to support industrial development and investment in the Coast region.
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Zambian Breweries operating profit rises 27% to US$21.6M in H1 2026
Higher productivity and lower production costs lifted Zambian Breweries’ gross and operating profits despite rising finance costs and demand pressures.
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KIA Africa regains full ownership of Bacita sugar company
The resolution clears the way for Bacita’s planned modernisation, expanded sugarcane cultivation, outgrower schemes, and development of an integrated agro-industrial ecosystem.
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Ivory Cocoa Products secures US$23.23M working capital facility
The four-year financing will help ICP secure sustainably sourced cocoa beans and strengthen local processing as Côte d’Ivoire expands value addition in the cocoa sector.